Harry Newton's In Search of The Perfect Investment
Technology Investor. Harry Newton
AM EST, Friday, July
31, 2009. Everyone is marveling at 2009 versus 1929-30.
First, here's the chart.
Here's the parallel:
+ The 1929-1930
equity rally coming out of The Great Depression lasted 147 days and was up
+ From the 'generational low' in early March, it has been 145 days, and the
advance is the same 46%.
+ After the
1930 rally of 46%, the U.S. stock market experienced a 700-day drop of 85%.
I don't think
this will happen this time. But I'm not taking bets against Mr. Market. I have
+ It's been
+ Too many learned
people are suddenly saying this market rally is for real. So, Buy. Buy. Buy.
+ The economy,
employment and corporate earnings still suck.
vCard makes huge customer happiness. I spent
yesterday teaching firms about customer service. Conclusion: teach them how
to be nice to customers. Essence:
Answer your office phone or your cellphone or have someone who will.
2. Answer your
3. Attach your
vCard to all your emails. This way your customer will be able to quickly add
your information to his Outlook.
4. Check. Check.
Check. Don't type the customer's information wrongly. Like transposing numbers,
screwing up addresses, etc. etc.
if you do screw up. Apologize quickly and sincerely.
why land is cheap: Reader Allen Gee writes:
Hi Harry 99.999%
of the time when land is cheap there is a reason!. Usually its not dividable.
You can't build on it and if you can, it will cost a lot more than one thought.
It really is the story you get what you pay for. The latest I'm getting in
feedback is investment in strip malls with good vacancy %. It's the least
amount of maintenance.
favorite poignant cartoon.
Health-care, social security, the world's largest
national debt....Who should be in jail? Madoff or our congressmen? See below
that prevent cancer: According to Dr. Mark
Stengler of Bottom Line Natural Healing:
Cold water fish, like salmon, sardines and trout.
Spinach and other "greens" like chard and collard greens. Stick
with the spinach. Chard and collard greens taste yuchy..
don't buy a Cisco phone system. They know a lot about data networking
(and pushy salesmanship), but nothing (or very little) about voice. Most everyone
who's bought a Cisco phone system has lived to regret it.
out of Iraq -- NOW. From today's New York Times.
July 31, 2009
U.S. Advisers Blunt Memo on Iraq: Time to Go Home
WASHINGTON A senior American military adviser in Baghdad has concluded
in an unusually blunt memo that the Iraqi forces suffer from deeply entrenched
deficiencies but are now capable of protecting the Iraqi government, and that
it is time for the U.S. to declare victory and go home.
Col. Timothy R. Reese, an adviser to the Iraqi militarys Baghdad command,
asserts that the Iraqi forces have an array of problems, including corruption,
poor management and the inability to resist political pressure from Shiite
For all of these
problems, however, Colonel Reese argues that Iraqi forces are competent enough
to hold off Sunni insurgents, Shiite militias and other internal threats to
the Iraqi government. Extending the American military presence in Iraq beyond
2010, he argues, will do little to improve the Iraqis military performance
while fueling a growing resentment.
old saying goes, Guests, like fish, begin to smell after three days.
Colonel Reese wrote. Since the signing of the 2009 Security Agreement,
we are guests in Iraq, and after six years in Iraq, we now smell bad to the
The memo continued,
referring to the Iraq Security Forces: The massive partnering efforts
of U.S. combat forces with I.S.F. isnt yielding benefits commensurate
with the effort and is now generating its own opposition. ...
The full story
Guthrie's NYTimes interview. Arlo wrote one
of my favorite songs, Alice's Restaurant.
ever seen American Idol? the Times asked.
No, I have never watched it. But Im thankful were living in a
world where we can actually afford to waste your time. What a great thing
For the full interview,
Perfect Solution to Senior Health Care
While discussing the upcoming Universal Health Care Program with my friend the
other day, I think we have found the solution. I am sure you have heard the
ideas that if you're a senior you need to suck it up and give up the idea that
you need any health care.
A new hip? Unheard
of. We simply can't afford to take care of you anymore. You don't need any medications
for your high blood pressure, diabetes, heart problems, etc. Let's take care
of the young people. After all,they will be ruling the world very soon.
So here is the
solution. When you turn 70, the government gives you a gun and four bullets.
You are encouraged to shoot two senators and two representatives. Of course,
you will be sent to prison where you will get three meals a day, a roof over
your head and all the health care you need!. New teeth, great!!! Need glasses,
no problem. New hip, knee, kidney, lung, heart? Well bring it on. And who will
be paying for all of this....the same government that just told you that you
are too old for health care.
And, since you
are a prisoner, you don't have to pay any income tax.
We have the perfect
solution to health-care.
charming 10 Year Old's Love Story
Little Bruce and
Jenny are only 10 years old, but they know they are in love.
One day they decide
that they want to get married, so Bruce goes to Jenny's father to ask him for
walks up to him and says, "Mr. Smith, me and Jenny are in love and I want
to ask you for her hand in marriage."
this was just the cutest thing, Mr. Smith replies, "Well Bruce, you are
only 10. Where will you two live?"
Without even taking
a moment to think about it, Bruce replies, "In Jenny's room. It's bigger
than mine and we can both fit there nicely."
this is just adorable, Mr. Smith says with a huge grin, "Okay then how
will you live? You're not old enough to get a job. You'll need to support Jenny."
Again, Bruce instantly
replies, "Our allowance, Jenny makes five bucks a week and I make 10 bucks
a week. That's about 60 bucks a month and that should do us just fine."
Mr. Smith is impressed
Bruce has put so much thought into this. 'Well Bruce, it seems like you have
everything figured out. I just have one more question. What will you do if the
two of you should have little children of your own?"
Bruce just shrugs
his shoulders and says, "Well, we've been lucky so far."
Mr. Smith no longer
thinks the little shit is adorable.
This column is about my personal search for the perfect
investment. I don't give investment advice. For that you have to be registered
with regulatory authorities, which I am not. I am a reporter and an investor.
I make my daily column -- Monday through Friday -- freely available for three
reasons: Writing is good for sorting things out in my brain. Second, the column
is research for a book I'm writing called "In Search of the Perfect
Investment." Third, I encourage my readers to send me their ideas,
concerns and experiences. That way we can all learn together. My email address
is . You can't
click on my email address. You have to re-type it . This protects me from software
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