February 2, 2012
Facebook released their numbers in preparation for an IPO, showing 2011 revenue of $3.7 Billion and profits of $1 Billion. Speculation is the IPO will be valued as high as $100 Billion. This would be a P/E of 100. That’s high, but then P/E’s are not as significant an indicator for young companies with a lot [...]
January 26, 2012
I’m enjoying the interview with Timothy Sykes over at Mixergy.com. Love the energy. Grab it while it’s free there.
October 24, 2011
Sometimes you look at a stock like Netflix when it was trading at $300+ and think “Here is a great company in a market with super growth, but how can I justify the price?” Well, it turns out you don’t have to justify the price because the market is beating the shit out of the [...]
August 16, 2011
With mortgage rates dropping like a brick, it’s becoming a no-brainer for us to refinance our home loan. Even though we just got a 30-year loan 2 years ago at 5.875%, we can get 30-year loans now for around 4.5% or lower. You might be in a similar situation. Rule of Thumb The rule of [...]
March 17, 2011
This is happening to me, with one of my stocks right now: RCRC. A few months ago, I bought about 50 shares of RC2 Corporation (RCRC), a maker of die-cast and wooden toys, at $20. My wife and I were looking for an investment idea based on the toys and media we’re buying for our 2-year-old son. [...]
December 22, 2010
A couple months ago I opened a position in Activision Blizzard (ATVI). Blizzard is the Pixar of the gaming industry. All of their games are blockbusters. The most notable title World of Warcraft collects $15/month from their millions and millions of players. I got interested in the stock after picking up Star Craft 2, another [...]
December 3, 2010
These folks emailed us and they have some decent finance calculators on their site: Ultimate Calculators I found the loan application one particularly interesting… haven’t seen that one before. Cheers!
October 26, 2010
Via blog.xplana.com: Personally, I think this is a little conservative… though kids and professors on campuses would probably know more about how motivated professors are to switch to digital textbooks. What I do know is that no one likes spending $100 for a textbook and my professors were always empathetic to this. Obvious investment plays [...]
October 26, 2010
Image by Getty Images via Daylife I’ve been reading Paul Krugman’s blog at NYTimes.com daily. Paul won a Nobel Prize for economics, so obviously a smart guy. He’s very thoughtful and always bases his opinions on research and current economic thought. I basically defer to this guy on all economic issues like finance reform, the [...]
October 26, 2010
Trying to figure out what to think about this: (from BusinessWeek) The Nasdaq said after markets closed that it will cancel all trades of stocks that moved more than 60 percent from their price at, or immediately prior to, 2:40 p.m., when the slide started. The cancellation applies to trades executed between 2:40 p.m. and [...]