Harry Newton's In Search of The Perfect Investment
Newton's In Search Of The Perfect Investment. Technology Investor.
8:30 AM EST Tuesday, August 1, 2006: Today's
fear is timing. A neat investment is pending. It's in private equity. Has that
area peaked? That's the fear. By the time most of us have awoken to it, it's
on the way down. That happened to most investors in technology in the late 1990s.
Most should have stayed in cash and perhaps discovered real estate as interest
rates started tumbling. I hope it's not happened to me with my investments in
commodities, minerals and energy.
The lessons are:
+ Don't be stampeded into a hot area, just because the train is leaving the
+ They'll always be another train.
+ A hefty dose of cash right now remains king.
Oil Sands Trust (COS-UN.TO) seems to be moving up.
We're figuring $50 within the year.
you go away on vacation: Unplug all your major appliances, especially
the ones that respond to infrared remote control devices, like TVs and DVDs.
+ You'll save
the huge electricity these things burn up on standby, and
+ You'll save them being hit by lightning strikes during summer thunderstorms.
More reasons not to invest in technology stocks:
+ Verizon's second quarter profit fell 24%. Verizon is losing its lucrative
landline business hand over fist (and hasn't figured out how to hold it.) My
son belongs to a generation which uses a cell phone and never installs a landline,
thus making all Verizon's copper valueless.
+ Kodak's loss got bigger because its film and photo-finishing group is
cratering. My son has never owned a film camera and probably never will. Virtually
all his photos are displayed on his laptop, not on photo paper.
July 10, 2006
This Cisco Linksys router is brand-new.
I tried to install it on Sunday night. I couldn't.
I spent 2 hours on hold waiting for Linksys/Cisco to help me.
I gave up.
Do me a favor and replace it with one that works.
I've heard nothing
from you in over two weeks.
Another reason not to buy Cisco, either.
it be nice to invest in a resurgent Cuba? Items:
+ Fidel Castro has ruled Cuba for 48 years.
+ He will turn 80 on Sunday and is going in for surgery.
+ Meantime he has turned over power to his younger brother, Raul, who is only
+ Fidel stopped smoking cigars in 1985 and now exercises every day.
+ Fidel has said that he did not plan on leading Cuba when he hits 100.
Totally wonderful software
Your kids will love this software gymnast. Drag the figure around your screen.
It only works with Internet Explorer.
Ashamed of Mel Gibson
This is the LA police mugshot of Mel Gibson after he was picked up for speeding
and drunk driving and after he spewed out virulent anti-semitic remarks to the
arresting cop. For the full, gruesome story, click
here. How the whole miserable episode is hurting his spectacular career,
puppy, me. Three pictures I love.
This is actually a pacifier. There are many equally grotesque models, with
This came on the cover of a Hallmark birthday card my wife recently got.
I did not put the sign up. It was some other sick puppy. But I can't stop
laughing at it.
better drunk story than Mel Gibson's
A drunk walks out of a bar with a key in his hand and he is stumbling back and
A cop on the beat
sees him and approaches "Can I help you sir?" "Yessh! Ssssomebody
ssstole my carrr" the man replies.
The cop asks "Where
was your car the last time you saw it?"
It wasss on the
end of thisshh key" the man replies.
About that time
the cop looks down and sees the man's weiner hanging out of his fly for all
the world to see.
He asks the man
"Sir are you aware that you are exposing yourself?"
the drunk looks down at his crotch and without missing a beat, blurts out..........
damned ----- My girlfriend's gone, too"
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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