Harry Newton's In Search of The Perfect Investment
Newton's In Search Of The Perfect Investment. Technology Investor.
8:30 AM EST, Friday, June 15: Another
day. Another perpetual motion machine. It's seriously exciting. With the price
of oil so high, everybody and their uncle are figuring alternative energy inventions.
The problem remains alternatives so far are expensive and need government subsidies
(fickle at best) to get the technology anywhere near making sense to the average
consumer. This applies to everything from ethanol to biodiesel, from photovoltaic
to windmills. But the curve is shifting, albeit slowly. In its latest issue,
Popular Science magazine weighed in with a big piece on biodiesel, calling
it "The Fuel Cell" and making three points:
Fats in algae can be made into biodiesel, a renewable substitute for diesel
2. Researchers could grow enough algae to power the entire U.S. transportation
fleet in any barren area a little bigger than New Mexico.
Algae farms set up next to power plants could absorb carbon dioxide and covert
it to oxygen (thus inhibiting global warming).
more real: A bank. Western Alliance Corp. (WAL). It's come down:
But my cluey friends in San Diego are very positive on WAL because of Robert
Saver, its chairman, president and CEO.
Robert G. Sarver
has been the President, Chairman and Chief Executive Officer of Western Alliance
Bancorporation, since December 2002. He has served as Chief Executive Officer
of Bank of Nevada since July 2006 and as Chairman of the Company's Torrey
Pines Bank subsidiary since May 2003. He also served as the Chief Executive
Officer of Torrey Pines Bank from May 2003 until June 2006. Mr. Sarver organized
and founded National Bank of Arizona in 1984 and served as President at the
time of the sale of that bank in 1994 to Zions Bancorporation. Mr. Sarver
was the lead investor and Chief Executive Officer of GB Bancorporation, the
former parent company of Grossmont Bank, from 1995 to 1997. Mr. Sarver served
as Chairman and Chief Executive Officer of California Bank and Trust and as
an Executive Vice President with Zions Bancorporation from June 1998 to March
2001 and had oversight for Vectra Bank, Colorado during such time. He served
as a director and credit committee member of Zions Bancorporation from 1995
to 2001. Mr. Sarver is a director and audit committee member of Skywest Airlines
and a director of Meritage Homes Corporation. He is also the Managing Partner
of the Phoenix Suns NBA basketball team and a member of the board of directors
of the Sarver Heart Center at the University of Arizona.
runs a bunch of banks in Nevada, Arizona and California. It's well-run. I don't
know the best timing on this one. But I feel it's getting close.
Verizon broadband access card shines: This
is the absolute best travel companion. Using it, I was high-speed receiving
and sending emails, surfing the Internet, downloading files, while I was in
taxis, buses, hotels, restaurants, private homes.... all over San Diego.
Pop into a hotel coffee shop. Open my laptop. Turn on the Verizon card. I'm
on. Neat sense of freedom with not having to deal with WiFi and its irascibility.
left my BlackBerry charger here last week." I
didn't. I left it at home. But I couldn't find a local wireless store. My friend
said ask any hotel or any airline. I asked American's Admirals club. They brought
me a box boxes of left chargers. "Help yourself," they said. They
didn't have a BlackBerry charger but they had plenty for Motorola and other
out your antiperspirants. Deodorants come in two flavors. First,
deodorant/antiperspirant. Second, just deodorant. The antiperspirant variety
contains aluminum, which you don't want.
Aluminum is toxic
to your body. Google the subject. You'll learn there is concern of it causing
breast cancer. You'll also find this choice statement:
amount of Aluminum is also present in the brains of many Alzheimer's patients,
although it is not yet known if this link is causal.
My thinking is
simple: The risks of putting aluminum into my body are too great versus the
benefits. For now, it's easier to shower twice a day.
quotes for the weekend:
the fresh air, a beautiful partner, and a nice round of golf and you can keep
the fresh air and the round of golf." -- Jack Benny
make a lot of money in this game. Just ask my ex -wives. Both of them are so
rich that neither of their husbands works." -- Lee Trevino
me seventeen years to get 3,000 hits in baseball. I did it in one afternoon
on the golf course." -- Babe Ruth
sex are about the only things you can enjoy without being good at." --
"If you think
it's hard to meet new people, try picking up the wrong golf ball." -- Jack
ago, 100 white men chasing one black man across a field was called the Ku Klux
Klan. Today it's called the PGA Tour." -- Unknown
who gave us golf and called it a game are the same people who gave us bagpipes
and called it music." -- Unknown
like to deny all allegations by Bob Hope that during my last game of golf, I
hit an eagle, a birdie, an elk and a moose." -- Gerald Ford
time I played the Masters, I was so nervous I drank a bottle of rum before I
teed off. I shot the happiest 83 of my life." -- Chi Chi Rodriguez
in New York: My San Diego-New York plane was
five hours late. So American re-routed me through Los Angeles and put me on
an antique, jammed plane that only added four hours to my total travel time.
Traveling remains irksome.
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
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