Harry Newton's In Search of The Perfect Investment
Technology Investor. Harry Newton
9:00 AM EST, Thursday, April 2, 2009.
lawyers. They're firing workers. I suspect that firings may be a lagging indicator.
Employers tend to wait so long that by the time they fire their people, things
are on their way up. Increasingly, I hear the words "things are stabilizing."
goes on. Our two hummingbird babies are thriving, getting bigger
daily. A YouTube video shows the complete cycle -- from eggs, to feeding,
to the young birds leaving the nest. The video was shot about 100 miles away.
Please watch the YouTube
real estate works: Neat discussion. Ask your
friends how you make money in real estate? 99% will say "Change the nature
of the building." That helps. But the real answer is the price you pay.
It's the one variable you can seriously affect. Bargains are finally beginning
to emerge, especially distressed real estate under duress. Bid low. Be prepared
to walk. The worst mistake you can make is to fall in love with
your project and hence pay too much. Bid low on ten. With luck you'll
get one, real cheap. Do not underestimate how long it will take to turn it
great technique: "I know you have a signed offer. But, in case, it falls
through (because of financing or whatever) I can close in three days for all
from out of the blue. Want your busy life
organized? Phone your reminders in. Have them come back as phone calls or
emails, or To-do Lists. NYTimes technology guru, David Pogue, loves a service
called Reqall. Pogue writes about
get really cheap. AT&T announced this week that customers in
Atlanta could get a type of compact PC called a netbook for just $50 if they
signed up for an Internet service plan an offer the phone company may
introduce elsewhere after a test period. Netbooks are great for email and
Internet surfing, not much else. But they're small, light and getting cheaper
by the day.
off on installing Internet Explorer 8. Still
too many issues. Too many security problems. No serious benefits. I continue
to use and like Firefox,
which remains free and has zillions of add-ins, making it do what I want.
This contrasts with IE8, which does what Microsoft wants.
pins its survival hope on the Chevy Volt. This electric car will
run 40 miles on one charge. No one knows what the car will cost, since it
won't go on sale until November, 2010.
think the Volt will be too expensive and enjoy too little success to save
GM. GM closed last night at $1.93, just above its recent low of $1.27, but
way below its one-year high of $24.24.
Capitalism versus Socialism.
The main vice of capitalism is the uneven distribution of prosperity.
The main vice of socialism is the even distribution of misery. -- Winston
Fool's from the Economist. "AS PART of a strategy designed
to broaden the revenue base, leverage content over new platforms and promote
The Economist brand to a young and dynamic audience, The Economist Group is
delighted to announce the development of a public-entertainment facility that
combines the magic of a theme park with the excitement of macroeconomics."
Click on the image to read and see more.
In 1967, Abbie
Hoffman and his fellow Yippies showered the floor of the New York
Stock Exchange with dollar bills. They succeeded in stopping trading for six
minutes while traders scrambled to pick up the notes. More on Aprils Fool
pranking, click here.
Sony Ericsson Open ends this weekend. Susan and I watched a great
Federer-Roddick match last night. FSN is Fox Sports Network. The times are
EST. W = women. M = men.
Cajuns, One Train Ticket.
One morning, three Cajuns and three Yankees were in a ticket line
at a train station. The three Northerners each bought a ticket and watched
as the three Cajuns bought just one ticket.
the three of you going to travel on only one ticket?" asked one of the
and learn," answered one of the boys from Louisiana.
All six boarded
the train where the three Yankees sat down, but the three Cajuns crammed into
a restroom together and closed the door.
the train departed, the conductor came around to collect tickets.
He knocked on
the restroom door and said, "Ticket, please." The door opened just
a crack and a single arm emerged with a ticket in hand. The conductor took
it and moved on.
saw this happen and agreed it was quite a clever idea. Indeed, it was so clever
that they decided to do the same thing on the return trip and save some money.
when they got back to the station, they bought a single ticket for the return
trip and watched while to their astonishment, the three Cajuns didn't buy
even one ticket.
you going to travel without a ticket?" asked one of the perplexed Yankees.
and learn," answered the three Cajun boys in unison.
When they boarded
the train, the three Northerners crammed themselves into one restroom and
the three Cajuns crammed into another one just down the way. Shortly after
the train began to move, one of the Cajuns left their restroom and walked
over to the one in which the Yankees were hiding.
The Cajun knocked
on the door and said, "Ticket, please."
Big Decision (Old but good)
A man wakes up in the hospital, bandaged from head to foot. The doctor
comes in and says, 'Ah, I see you've regained consciousness. Now, you probably
won't remember, but you were in a pile-up on the freeway. You're going to
be okay, you'll walk again and everything, but.....something happened. I'm
trying to break this gently, but the fact is, your willy was chopped off in
the wreck and we were unable to find it.'
The man groans,
but the doctor goes on, "You've got $9,000 in insurance compensation
coming and we have the technology now to build you a new willy that will work
as well as your old one did -- better in fact! But it doesn't come cheap.
It's $1,000 an inch."
The man perks
up at this. 'So,' the doctor says, "It's for you to decide."
The man agrees to talk with his wife.
Next day, the
doctor asks, "'Have you spoken with your wife?"
says the man.
'And has she helped you in making the decision?'
"Yes, she has," says the man.
"And what is it?" asks the doctor.
"We're getting granite countertops."
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,
here and here.