28 days ago, the world lost one of its greatest innovators, and Apple lost its father. And today, there’s serious banter being bandied about that Apple is now considering using its considerable war chest of cash ($82 billion) to start buying back shares or, worse, begin distributing a dividend (the horror). Continue reading “8 Things I’d Rather See Apple Do With Their Cash”
If you hate dolphins, you need to leave now. This post is for dolphin lovers.
Me? I love dolphins. Or should I say, I heart dolphins? 🙂
I missed it. Maybe because I don’t watch 60 minutes with my grandma anymore. Thankful we have these things called personal computers. (Thanks Steve!!)
I have worshipped Steve Jobs for a long, long time. Continue reading “Create ‘Beautiful’ Products”
On any given day we’re lied to from 10 to 200 times (insert Wall Street & lawyer jokes here), and the clues to detect those lies can be subtle and counter-intuitive.
And my dream was realized in the summer of 2000. I’d arrived.
I got a call from a friend. I met her at a conference. She was telling me about her broker, she’s not happy. My friend is actually 75 years old and has $400k to her name. Actually, it’s for her and her husband. And they’re losing money. She tells me her portfolio is down “2.85%” vs. the same time period of the S&P 500 being down around 10%. She admits it’s not the advisor’s fault, but she’s “just tired of losing money these last two months”. She’s “tired of the roller coaster”.
One of the dirty little secrets about your broker leaving one firm for another is: The Promissory Note. Continue reading “Wall Street: F#ck You, Pay Me”