Good Stock Trading = Contrarian

No need to read all of Jesse Livermore: The Greatest Trader Who Ever Lived, but here is a 100+ year old quote that still applies today: “The successful trader has to fight these two deep-seated instincts. He has to reverse what…

Google Fully Valued?

Aswath Damodaran points out that the Online Advertising sector may as whole be overvalued. If you trust his projections then the question becomes “which companies are the source of the overvaluation?”. I’m not sure who the culprits are (if any),…

“Jamie Dimon on the Line”

Long [but good] Vanity Fair profile of Jamie Dimon, one of my favorite CEO’s and speakers: Warren Buffett…, says that when Berkshire Hathaway bought the railroad Bur­lington Northern for $26 billion, in the fall of 2009, he called up Dimon…

Facebook Revenue Explodes

“From $0 To $1 Billion In Two Quarters – Facebook’s Mobile Ad Business Is Suddenly Huge” 75% of $4 million is $3 million. $3 million per day over 365 days is…$1.1 billion. Good explanation for part of the reason why…

Top 5 Middle Names

Top 5 middle names to name your kids. I will use the mysterious pseudonym “Drew” on the off chance that it reduces the google search results correlation between my actual name and this post. Enjoy: 5) Drew “and/or” Stepner Bob:…