Harry Newton's In Search of The Perfect Investment
Technology Investor. Harry Newton
AM EDT, Thursday, October 15 2009: Getting
frothier and frothier. But the earnings and outlook statements are largely holding
up -- viz Intel and Goldman Sachs. And those positive statements suggests that
this rally may continue....
recently spent much time counseling people on the incredible entrepreneurial
opportunities I see and how to approach those opportunities. That time took
away from writing this column today. I'll lay out some ideas tomorrow.
suck as investment advisers. Ask a big institution to become your
financial advisor and/or to manage your money. You'll discover three things.
First, they'll put you money into their own managed funds -- irrespective of
whether there are better ones out there managed by others. Second, your performance
will be terrible, but your fees will be hefty. Third, your performance will
contrast dramatically with theirs, and the bonuses they pay their people.
I'm reminded of
these three points when I read of this morning's strong earnings from Goldman
Sachs and its mulling on how many billions to pay its top people in bonuses.
Such a problem.
that lead to malware. We get emails saying
"A new settings file for the XYZPerson@technologyinvestor.com mailbox has
just been released" and you ought to click on this link to get your new
you don't trust me, right click on the link and click "View Source."
You'll find you're being sent to a web site you didn't expect -- a site that
doesn't correspond to what the link actually says. In short, delete the email.
spammers are getting to be better marketers.
it. Rubbermaid's president is toast. My job
is to clean up dinner and put the leftovers away for my lunch tomorrow. We have
a closet full of Rubbermaid's plastic containers. We have tops. We have bottoms.
None of the tops match any of the bottoms. It's insane. Rubbermaid numbers its
containers. But it changes the numbering system as fast I change underwear.
I suspect Rubbermaid's marketing department thinks it's brilliant, since it
forces poor suffering househusbands (like me) to buy more and more of their
stuff. They're wrong. I just want to strangle every one of them. Ditto for Rubbermaid's
"humor".Actual comments, allegedly, taken off actual police
car videos around the country.
+ 'You know, stop
lights don't come any redder than the one you just went through.'
+ 'Relax, the
handcuffs are tight because they're new. They'll stretch after you wear them
+ 'If you run, you'll only go to jail tired.'
+ 'You don't know
how fast you were going?
I guess that means I can write anything I want to on the ticket,
+ 'Warning! You
want a warning? O.K., I'm warning you not to do that again or I'll give you
+ 'Yeah, we have
a quota. Two more tickets and my wife gets a toaster oven.'
+ 'I'm glad to
hear that the Chief (of Police) is a personal friend of yours. So you know someone
who can post your bail..'
+ 'You didn't
think we give pretty women tickets?
we don't. Sign here...'
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 scanning the Internet for email addresses to spam. I have no
role in choosing the Google ads on this site. Thus I cannot endorse, though
some look interesting. If you click on a link, Google may send me money. Please
note I'm not suggesting you do. That money, if there is any, may help pay Michael's
business school tuition. Read more about Google AdSense, click
here and here.