Harry Newton's In Search of The Perfect Investment
Technology Investor. Harry Newton
AM EDT, Tuesday, October 13, 2009: Google,
Apple, EWA (Australia) and EWZ (Brazil) continue to climb. I'm now eyeing Verizon.
It's out of favor.
But it's yielding
6.55%. It keeps raising its dividend. Click here.
It has the best cell phone service (and best reputation for cell phone service)
in North America. And there is talk that it will, finally, get the iPhone.
Tightens for Small Businesses. From today's
Many small and
midsize American businesses are still struggling to secure bank loans, impeding
their expansion plans and constraining overall economic growth, even as the
country tentatively rises from its recessionary depths.
Most banks expect
their lending standards to remain tighter than the levels of the last decade
until at least the middle of 2010, according to a survey of senior loan officers
conducted by the Federal Reserve Board. The enduring credit squeeze appears
to reflect an aversion to risk among lenders confronting great uncertainty
about the economy rather than any lingering effects of the panic that gripped
financial markets last fall, after the collapse of the investment banking
giant Lehman Brothers.
about the extent of losses on credit card businesses as high unemployment
sends cardholders into trouble. They are also reckoning with anticipated failures
in commercial real estate. Until the scope of these losses is known, many
lenders are inclined to hang on to their dollars rather than risk them on
loans to businesses in a weak economy, say economists and financial industry
are just deathly afraid, said Sam Thacker, a partner at Business Finance
Solutions in Austin, Tex., which helps small businesses line up financing.
I dont see commercial banks coming back to the market anytime
soon. In the long view, tighter loan standards seem healthy after a
terrible crisis attributed in part to years of recklessly lenient lending.
The story adds
to my advice yesterday
on shorting commercial REITs.
censorship. If you want a license in China to deliver payTV over
your broadband cable to your subscribers, the movies better not deal with --
wait for this -- politics, pornography or religion.
wants your poor, your huddled masses, your tech entrepreneurs: Chile
is pitching entrepreneurs with generous incentives. Read more: Click on TechCrunch.
entrepreneur: From the Consumerist:
on the Upper East Side and Upper West Side of Manhattan are expensive. How expensive?
One guy with a truck has started a business delivering cheaper groceries. One
catch, he doesn't own a grocery store. He will go to Costco, where items cost
a fraction of their Manhattan prices and split the savings with you.
that you live in a doorman building and that the savings add up to at least
$40 which shouldn't be hard based on his estimates.
item for sale has a "Costco" price and the "Average New York
City" price for the exact same item but with Costco-sized bulk packing.
For instance, Charmin costs $20.19 at Costco for 30 rolls. If a customer were
to purchase 30 rolls in New York City, on average, the price would be $42.18.
We split the savings. The customer pays $31.19 and saves $11. The Average
New York City price is derived from real prices at Fresh Direct, Fairway,
Gristedes, D'Agostino's, Food Emporium, Whole Foods, Duane Reade, CVS, Staples,
Petco, and Diapers.com. Where there is no direct comparison for items, we
use the overall average difference of 147.42% to calculate your final price.
hotels in Europe for under $150 a night: From Sunday's New
about jealousy. New York Times columnist Maureen Dowd reviewed Dan
Brown's latest book, The Lost Symbol:
The author has
gotten rich and famous without attaining a speck of subtlety. A character
never just stumbles into blackness. It must be inky blackness. A character
never just listens in shock. He listens in utter shock.
this fraught interior monologue by the head of the Capitol Police: Chief
Anderson wondered when this night would end. A severed hand in my Rotunda?
A death shrine in my basement? Bizarre engravings on a stone pyramid? Somehow,
the Redskins game no longer felt significant.
night Peace Prize humor:
say the award represents everything they stand against: black people, foreigners,
and peace." --Bill Maher
said he will attend the ceremony in Oslo if he's not too busy with the two wars
he's conducting." --Bill Maher
to Barack Obama -- he has won the 2009 Nobel Peace Prize. Apparently, the Nobel
committee wanted to recognize the president's fine work in bringing peace to
a black professor and a white cop through the strategic use of beer. "
Obama said he was humbled to win the prize. Not as humble as he was when Rio
got the Olympics. But still humble." --Jay Leno
Obama said he will go to Oslo, Norway to collect the award. Roman Polanski said,
'It's a trick -- don't go; you'll be arrested.'" --Jay Leno
pretty amazing, winning the Nobel Peace Prize. Ironically, his biggest accomplishment
as president so far: winning the Nobel Peace Prize." --Jay Leno
This just in:
Obama wins the
Heisman Trophy after watching a college football game.
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 .
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