Investing
GM wanted to merge with Ford in 2008.
In 2008, GM wanted to merge with Ford because it needed Ford’s $30 billion, proving again my accounting prof’s adage, “Cash is King”. http://nyti.ms/qYQG4B
Cash is King at Apple
Apple’s Money Cash is king: And so Apple today uses its cash to buy parts in huge quantities. Lately this has mainly meant buying flash RAM and iPhone displays in amounts that move whole markets and guarantee Apple the lowest prices anywhere. This is important: in an era where interest rates on idling cash are … Continue reading
In a Year, 6 Years of Market Gains Are Lost – NYTimes.com
All told, about $7 trillion of shareholders’ wealth — the gains of the last six years — will be wiped out in a year marked by violent market swings. via NYTimes.com. I thought I would be diversified with international and emerging markets funds, but the decline of the U.S. markets also spread around the world. … Continue reading
Quicken.com Portfolio “Upgrade”
Link via Quicken Community I posted on this thread on post 25: I have to chime in on the discord regarding the Brainiac decision to remove the one page overview of one’s portfolio. This was a quick and easy way to review holdings over multiple accounts, and now it’s gone! Please bring it back or … Continue reading
Henry Paulson’s conflict of interest. By Daniel Gross
Henry Paulson’s conflict of interest. By Daniel Gross I love the last paragraph. GW, thank you for our modern day plutocracy. What’s the worst thing that could happen if Paulson held on to his Goldman stock? It’s possible that a government in which the treasury secretary had a gigantic stake in Goldman might recklessly cut … Continue reading
PBS | I, Cringely . April 6, 2006 – A Whole New Ball Game
PBS | I, Cringely . April 6, 2006 – A Whole New Ball Game I predict that Apple will settle on 64-bit Intel processors ASAP (with FireWire 800 please), and at that time will announce a product similar to Boot Camp to allow OS X to run on bog-standard 32-bit PC hardware, turning the Boot … Continue reading
Boot Camp Public Beta
Run Windows XP natively on your Intel-based Mac with the Boot Camp Public Beta. This will be big this upcoming Christmas since Microsoft Vista won’t be coming out until after the holiday season. Buyers looking a for a new computer will be able to purchase the best of both worlds (Windows for games and OS … Continue reading
Lasseter axes Toy Story 3
Independent Online Edition > Lasseter axes Toy Story 3 Praise the gods of Kobol that Lasseter axed Toy Story 3. Toy Story 2 was a great sequel, but a third movie would have done nothing to further the characters or the plot. The only thing it would have been good for is as another monster … Continue reading
AAPL’s roller coaster ride
I recently purchased Apple at $72 a share. It’s been on a little bit of a roller coaster ride recently with a recent high of 86.40. Right now, the stock is trading at $77. The recent uptick was probably due to the excitement over MacWorld and the announcement and shipment of the new Intel Macs. … Continue reading