Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
In the interest of trying things out, I turned on NFC on my cell phone and bought a diet Pepsi using Google Wallet. It was far too quick, easy, and unreal."
This.
It's fun, it's easy and once it really gets going and integrates everything - paymen…
•This is now the 4th longest bull market in history. We're in the 2nd longest period without a 10% correction. Every day, we get closer to the next correction.
http://seekingalpha.com/article/2484155-theres-very-little-chance-of-beating-a-balanc…
Thanks Scott.
You have been our scout of on-line and electronic payment technology for quite some time.
Hate to have compete with Apple on just about any level.
How does PayPal fare in all this? I rarely use Google Wallet or Yahoo Wallet. But I d…
@scott You mentioned 3 terminal companies Ingenico, Verifone and NCR.
Very interesting post - thanks.
Ingenico and Verifone are the two dominant players, with the majority of market share. Verifone is more US, Ingenico is more international,…
Fire Phone was/is wayyyy too expensive for what it offers. Amazon's phone is an attempt to get people more into Amazon's "ecosystem" and it's a fortune. Google's Nexus line has always been done with the same intent and those phones have consistently…
I wouldn't put it past Investment Banks to convince endowments and pension funds to buy exotic assets for the sake of "diversification".
Long story, but worth a read on this subject:
http://www.rollingstone.com/politics/news/looting-main-street-…
There were the Zerohedge vs Illinois Teacher's Pension articles. Fun reading.
http://www.zerohedge.com/article/has-illinois-teachers-fund-entered-death-spiral-aig-wannabes-go-broke-strategy-fails-pension
http://www.zerohedge.com/article/61-underfu…
Yes, believe it is now on par with Motley Fool...maybe worse.
Can't stand all the Motley Fool advertisements I see.........e.g. "The end of the Internet" and a zillion more
Hate Motley Fool, although I gotta say, FOOLX has done better than I'd thou…
CNBC's reality shows - "The Profit" and "Restaurant Startup" have actually been quite enjoyable. Maybe at some point down the road CNBC will be like MTV where there isn't actually any music anymore (MTV is barely anything anymore, as is - weekdays s…
As channels become less desirable, cable outlets start dropping them for other networks. I wonder if any of that is happening?
That's my curiosity - is there a point where CNBC viewership goes low enough to the point where it's no longer sustainabl…
" In reality that family was quite complex with possessed almost limitless power, especially in Europe. "
You can still follow the present day members of the family with RIT Capital Partners (which is an investment trust in London, which is sort of…
Will this newly proposed round of "EU-QE" (Central Bank of Europe) provide an additional mechanism for what Kathleen Gaffney (of Eaton Vance Bond Fund) calls the new "carry trade" to ramp up?
This carry trade strategy (as I understand it) involves…
I am always happy when someone does NOT define volatility as risk. Useful read. I have been thinking of investing in RNOTX, but didn't want another like RNDLX which seems to have the same objective using Marks instead of Gundlach.
Marks remains in…
I am always happy when someone does NOT define volatility as risk. Useful read. I have been thinking of investing in RNOTX, but didn't want another like RNDLX which seems to have the same objective using Marks instead of Gundlach.
Marks remains inve…
Maybe this is a delayed reaction on the iCloud news but AAPL is taking a bearing early on down 2.28%.
I think it's part the iCloud situation, but part possibly people taking profits before the presentation (which is I think the 6th or 9th?) for new…
Our list of countries that we don't trust (with good reason) seems to be getting longer every day.
The list of countries that appear to feel likewise about us also seems to be increasing. On a related note that I found interesting: "Home Depot spoke…
Ag Growth International (AGGZF.PK) - a Canadian company (pays nice monthly div) that makes silos and other such containers - has done really well as a result of a bumper crop that isn't getting to market. Railroads have a lot to ship, to the point w…
Seems as if something about a "ceasefire" got out, markets ramped higher. However, the reality of what has actually been agreed upon seems unclear.
"The office of Ukrainian President Petro Poroshenko says that he and Russian President Vladimir Puti…
I checked out the morningstar app but the reviews were pretty negative. Apparently the last update messed things up.
Bloomberg is fine. Also have CNBC (mainly for news notifications, never use the app itself) and Seeking Alpha.
"China fearing that somehow a pro-foreign country puppet ruler could be installed in HK in order to gain footing in the area?"
I hadn't heard that one yet. Paranoia?
The bolded portions in my post above.
http://www.bbc.com/news/world-asia-28994123
"China has warned foreign countries against "meddling" in Hong Kong's politics ahead of a crucial announcement on the territory's election process.
Chinese state media said using Hong Kong as a "bridgehe…
Now spin this with "Fed Speak" ... And, I think one has to ask themselves ... Is it, Risk On or, Risk Off? Or, is it somewhere in bewteen?
Old_Skeet
Or just not something to really pay attention to, given the possibility that the goalposts ca…
I visited probably a decade ago and that whole area seemed largely off limits. The one sight in NYC that I found absolutely fascinating was the Intrepid Air/Space Museum. For those unfamiliar, it's an aircraft carrier that was turned into a museum, …
A few thoughts.
You have ebola, ISIS, Russia and a number of other issues, geopolitical or otherwise. The fact that the market has shrugged off all of it says something. That something may be utter complacency because it believes the Fed will alway…
Interesting tidbit: interest rate in Weimar Germany in 1914-21: 5%. In 1922, it goes from 5% to 12%. By the Fall of 1923, its 90%. By the end of 1923, 900%.
German stock market at 97 in January 1919. German stock market at 26,890,000 at the peak i…
Won't happen. Grandma Yellen will fire up QE again long before that kind of decline. If the Fed loses control that's a whole other story.
Interesting tidbit: interest rate in Weimar Germany in 1914-21: 5%. In 1922, it goes from 5% to 12%. By the F…
I suppose the thought becomes:
1. You have about 30% in one fund at Matthews.
2. If you go to a different Matthews fund, you're still Asia-focused. Diversifying your holdings in Asia-related, but not diversifying more broadly. Pretty much what Mau…
Did a number of moves after what happened with Kinder Morgan but nothing since then and really have no plans to do anything further, maybe for the remainder of the year. I'm not going to say that a top is near, but with things like Snapchat valued a…
"Less than two years ago MFLDX was darling of the board."
It was? I don't think a fund can be a darling of the board when there are people who act as if the existence of alternative funds is - for some bizarre reason, as they don't have to invest i…
Glad to see that people did not criticize Buffet. It seems to me that inversion isa serious issue but I don't see Buffet being a hypocrite. This is Congresses problem and any politician who complains ought to submit a bill preferably bi-partisan s…
Singapore has shown that you can attract business and become a thriving destination for such by having low tax rates. There are other places too. Countries with higher rates are starting to see business leaving.
Again, loving no Singapore withholdi…
Whether this is true or not nobody knows. What we do know is that for anyone who jumped on the Richard Kinder or Kinder Morgan train early, betting against him has been to their detriment.
Well, I would think at the very least KMP, KMR and El Paso (…
we are expecting the German 10-yr bunds to stay under 1% due to the Eurozone slipping back to recession. in a relative value world, when Spain yields 2.4, US's 2.4 seems like a bargain!
That seems to be the whole thing. Thanks for your post, I ser…
Maybe it's the problem with online media. This desire to have to compete with everyone, which results in the view that there constantly has to something posted every minute.
"That was great, and wikipedia can be extremely weak (at best, sometimes),"
Well, Wikipedia as an example of a source was more of a joke, but I think the enjoyable balance is that I look back very fondly on actually having to go somewhere to researc…
