Nintendo continues to destroy everyone. Sony and MSFT should have known better than to take on the creators of Super Tecmo Bowl, Zelda and Mario Brothers. I mean seriously did they think they could compete? That would be like someone challenging MJ to a game of one on one. Even Lebron would have to bow. [...]
This is the second morning I have awaken to a nice pop in the equity markets. Yesterday was long NVT – today was short CFC. Countrywide – the largest subprime mortgage lender in the nation – has to date been able to avoid the implosion faced by many of its smaller rivals, primarily by focusing [...]
As the I-Phone drives users back to AT&T, as discussed below, Google has also emerged as a possible player in the mobile space. It appears that they are taking their approach straight to congress and taking on Mobile-MaBell head on in the process. Not surprisingly, as discussed here (in a good piece), the tech crew [...]
This opinion piece on Bloomberg gives a nice overview of the situation in the credit markets and the various moving pieces I have been discussing with many of you over the last six months: AAA Grades on Subprime CDOs May Give Cold Comfort: Mark Gilbert It is hard to be gloomy when NVT pops like [...]
So Google is now openly competing for wireless spectrum, adding cred to the rumor I helped spread a couple of weeks ago: Google open to wireless bid I for one am glad to see new-tech co’s building new empires, as Facebook is clearly accomplishing as Ebay announded an app today: eBay Launches Facebook App Almost [...]
Last night I saw a performance by the LA Philharmonic and it made me realize that the oil doomsdayers are wrong. I refuse to believe the spew of The Long Emergency, regardless of its allure. As I told my friend last night: the fact that human ingenuity can create music that lasts for hundreds of [...]
As the headlines yesterday echoed, even the Fed has started to backtrack from its previous “well contained” dialogue to acknowledge that the credit crunch in the mortgage market is spreading. The Fed chief says subprime losses could hit $100bn, but if history is any judge the estimates they make are likely conservative The place where [...]
I just had to post these pictures of a Pride even though many of you will see it on Drudge . Photo’s like these make me wonder why I spend so much of my time staring at a screen and playing with new toys and websites with bad names. But then I see what a [...]
Spending five minutes on this blog or talking to me will give you the clear impression that I am skeptical about the credit markets, and that I think this risk might spread further. The following highlights a similar concern amongst fund managers in a recent survey, though they remain optimistic about the equity markets. Credit [...]
Sometimes “bad news” is not so bad. The authors of Wired and surely the Pew Research Center for People & the Press probably thought this headline was a sign of the negative impact that the Internet is having on the masses: Infoporn: Despite the Web, Americans Remain Woefully Ill-Informed But as I read the article, [...]