Harry Newton's In Search of The Perfect Investment
Newton's In Search Of The Perfect Investment. Technology Investor.
8:30 AM Monday, September 19, 2005: It's
guessing time. The Feds may or may not raise rates tomorrow. The Feds may or
may not say they're done with hiking. The Fed is obsessed with inflation. It
raises rates to counter inflation. Katrina has hurt inflation. Item: Plywood
jumped 15% last week at our local building supply store. Worse, they've now
run out and won't have any in for three weeks. God knows what it will cost then.
In all likelihood,
the Fed will raise rates tomorrow. At some stage the Fed's raising will affect
long-term rates, and hurt the housing boom.
On the weekend,
I had the misfortune of reading what some economists thought of our economy.
Suffice, most are not optimistic. Sample comments:
with the specter of a housing bubble, rising short-term interest rates, surging
energy prices and opaque developments in China, among other crosscurrents,
the U.S. economic outlook over the next year has become increasingly uncertain."
optimistic about the economy, but not about my ability to predict.
season is in full swing up mid-state New York, where I have a weekend house.
The harvest this year is bountiful and the raspberries sweet and juicy. What
more could anyone want?
The Dear John Letter
A young girl on a year's training course in South Africa recently
received a "Dear John" letter from her boyfriend back home. It read
I can no longer continue our relationship. The distance between us is just too
great. I must admit that I have cheated on you twice, since you've been gone,
and it's not fair to either of us. I'm so sorry. Please return the picture of
me that I sent to you.
Mary, with devastated
feelings, asked her colleagues for any snapshots they could spare of their boyfriends,
brothers, ex-boyfriends, uncles, cousins etc. In addition to the picture of
John, Mary included all the other pictures of the men she had collected from
her buddies. There were 57 photos in that envelope....along with this note:
I'm so sorry, but I can't quite remember who you are. Please take your picture
from the pile, and send the rest back to me.
A woman does not come home one night.
The next day she tells her husband that she slept over at a friend's house.
The man calls his wife's 10 best friends.
None of them know a thing about it.
A man doesn't come home at night.
The next day he tells his wife that he slept over at a friend's house.
The woman calls her husbands 10 best friends.
Eight of them say he did sleep over .....and two claim he's still there.
+ Blackstone private equity funds. Click
+ Manhattan Pharmaceuticals: Click
+ NovaDel Biosciences appeals. Click
+ Hana Biosciences appeals. Click
+ All turned on by biotech. Click
+ Steve Jobs Commencement Address. The text is available:
Click here. The full audio is available. Click
+ The March of the Penguins, an exquisite movie. Click
+ When to sell your stocks. Click
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
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