Make that, “Th-th-th-that’s all folks!” 🙂 Happy New Year — see you in 2015! P.S.: Once upon a time, before there was Ironman, Spiderman, Thor, et al . . . there was Porky Pig and Bugs Bunny. “That’s all Folks” was (is) Porky Pig’s closing tagline.Read More
Updating Mark Twain “OCTOBER: This is one of the peculiarly dangerous months to speculate in stocks in. The others are July, January, September, April, November.” –Mark Twain I have my own version of Twain’s observation about the stock market — as well as a prediction about next year’s stock market action. January: stocks soar. February: ...Read More
Paying With Corporate “Mini-Currencies” Once upon a time, a publicly-traded technology company (or a pharmaceutical — essentially, a special case of technology company) with $1 billion in sales and, say, $200 million in net income, might have earmarked $20 to $30 million annually for research and development (“R&D”). Today, it makes more financial sense for...Read More
Wall Street Oxymoron: “Spin-Free Financial Journalism” “What happens when you turn over regulatory responsibilities to people who think there is really no need for regulation?” –Floyd Norris, “When Regulators are Blind to Rules“; The NYT (12/18/2014) I can count on one hand — with a finger or two left over — the financial journalists and...Read More
“CoCo” (aka Coworking Space*) Arrives at Edina Realty – City Lakes If you’re talking on your cellphone and can’t hear the other party, that’s bad. However, if you’re talking to clients or other agents in one of the private, new office suites near the front of Edina Realty – City Lakes, and nearby Realtors can’t...Read More
“See the USA in Your Chevrolet Honda Minivan” “No Relief for Air Travelers.” —Headline; The New York Times (12/15/2014) If gas prices stay low and airfares remain sky-high (sorry), I predict that this summer will be the biggest year for family car trips since . . . the ’60’s(?!?). Back then, families on the road sought out...Read More
