Category Archives: Investing

The Kool-Aid at Intuit Must Be Delightful

I remember a manager years ago talking about this concept of ‘customer delight’. It was as stupid then as it is now. Intuit (maker of Quicken) seems to think they have achieved it. I’ve got news for them. Nobody is … Continue reading

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Facebook Goes Splat!

Everyone’s heard by now about Facebook’s flop in the stock market. I’m not sure what’s worse, the inside information handed out to preferred clients before the IPO or the botched execution that still has not accounted for all the shares. … Continue reading

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A Stock Market Rally By Any Other Name

The Stock Market is on a tear the last few days with another hollow promise from our fearless leaders. A group of Central Bankers have indicated they will act swiftly if things start going to sh*t. I don’t know whether … Continue reading

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UBS Means ‘U Better Sell’

UBS is a bank in trouble. After losing billions on bad mortgages, they respond with a dress code that dictates the color of women’s underwear and the shaving habits for men. Talk about missing the point! Now a ‘rogue’ trader … Continue reading

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French Banks Getting Greece’d Up

Looks like we’re in store for another wild ride in the Stock market. Europe’s debt woes are rapidly approaching some form of end game…I hope. The ECB and European banks are still pretending that Greece is ok and will eventually … Continue reading

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Apple Taking a New Direction?

Now here’s an unusual headline “Apple CEO Jobs Takes Medical Leave, Cook to Fill In”. I figured Jobs had a good handle on the company but to turn it over to kitchen help? Early rumors are the iPad will soon … Continue reading

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Apple Wants Too Much of the Pie

Apple is trying to talk newspapers into a deal to put them on the iPad. The only problem is the onerous terms. They want 30% of subscription revenue and 40% for ads! That’s not even a realistic starting point. For … Continue reading

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Job Hunting Still Tough

The payrolls report on Friday continued to show lackluster hiring. This has been the modus operendi ever since the start of the Bush administration. I think outsourcing has permanently reduced a significant number of jobs in this country. How will … Continue reading

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More Slime at the Top of the Corporate Ladder

Mark Hurd, former CEO of HP, is the new poster boy of corporate excess and greed. What ever happened to leadership? Once these guys get the reins of power they all begin to systematically loot the company. What about the … Continue reading

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Big Business Whining

Steve Forbes thinks the Obama administration is anti-business. I prefer to think of it as pro-constituent. Big business, when left to their own devices, drives greed to excess. They describe it as ‘shareholder value’ but shareholders always seem to get … Continue reading

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Ben Spooks the Market

I always hate when Ben Bernanke talks to Congress. Too many ignorant Congressmen asking too many self-serving questions and before you know it, Ben’s says something slightly negative and investors all swoon. It’s like sheep leading other sheep right over … Continue reading

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Is Tesla The New Delorean?

The new electric car maker Tesla went public today on the Nasdaq stock exchange. It’s stock rose 40% on the first day. They’re going to need all the help they can get. Their electric cars sell for $80,000 with a … Continue reading

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FOMC or the World Cup

The FOMC decided today to keep interest rates steady. No big surprise given the headwinds to growth (e.g. Europe) and the lack of new jobs. We seem to be in a holding pattern waiting for the next ray of sunshine … Continue reading

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Stock Market Trend Turning?

The Stock Market’s been taking a beating the past couple of days. I guess with oil spills, floods, terrorists and financial contagion…it was too much to bear. It always seems to claw its way higher day after day only to … Continue reading

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Continental to Sink With United

Here we go again with an airline merger. This time between United and Continental. It’s the old shell game of taking two money losing enterprises and combining them into an even bigger money losing enterprise. United is the poster boy … Continue reading

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