WhatsApp Hits 1 Billion Users, Fulfilling Zuckerberg's Promise
THE HEADLINE SHOULD READ FACEBOOK MADE JUST $10.2 MILLION IN REVENUE. WHEN YOU CAN DO NO WRONG, THE MARKET IS TELLING YOU TO SELL. When Facebook Inc.’s Mark Zuckerberg agreed to pay a staggering $19…
Trauma Lingers as Stocks' Worst January Since 2009 Incites Angst - Bloomberg Business
Maybe the best thing you can say about the worst January for stocks in seven years is that an excess of optimism won’t be a problem for equities in 2016.Even with the Standard & Poor’s 500…
Time to Buy Bank Stocks
Big U.S. banks are in better shape than they have been in years, and yet they trade at levels last seen in 2011. Why Citi, JPMorgan, BofA, and Wells Fargo could move up 20% or more this year. I hope…
Let me check my math Facebook versus Apple $FB vs $APPL
Facebook $FB reported a blow out quarter yesterday, earning $1.56 billion. The stock popped $13.34 or based on its 2.8 billion shares outstanding that's a whopping $37.35 billion increase in market…
The Obama Theory of Trump
This is the most cogent thing I've read yet on the Trump phenomena In presidential elections, opposites attract. Source: The Obama Theory of Trump
Portfolio holdings 1-22-16
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4th Quarter 2015 Partner Letter
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Portfolio holdings 1-8-15
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Stock Market Puts in Its Worst Opening Week Ever - MoneyBeat - WSJ
Records are made to be broken. I wouldn't read anything at all into this other than the week sucked for most investors. It's official: this was the worst opening week ever for U.S. stocks. Source:…
5 Things to Know About the First Freely Traded U.S. Oil Cargo in 40 Years - WSJ
The first foreign oil tanker filled with American crude pulled out of port on New Year’s Eve. Here’s what you need to know about its journey. Source: 5 Things to Know About the First Freely Traded…