{"id":15975,"date":"2012-11-12T09:09:29","date_gmt":"2012-11-12T14:09:29","guid":{"rendered":"http:\/\/www.technologyinvestor.com\/?p=15975"},"modified":"2012-11-12T13:40:22","modified_gmt":"2012-11-12T18:40:22","slug":"optimistic-on-the-fiscal-cliff-and-maybe-immigration","status":"publish","type":"post","link":"https:\/\/www.technologyinvestor.com\/?p=15975","title":{"rendered":"Optimistic on the fiscal cliff, and maybe immigration"},"content":{"rendered":"<div id=\"yass_top_edge_dummy\" style=\"width: 1px; height: 1px; padding: 0px; margin: -11px 0px 0px; border-width: 0px; display: block; text-align: left;\"><\/div>\n<div id=\"yass_top_edge\" style=\"background-image: url('chrome:\/\/yass\/content\/edgebgtop.png'); background-attachment: scroll; background-position: center bottom; padding: 0px; margin: 0px 0px 10px -10px; border-width: 0px; height: 0px; display: block; width: 1px; text-align: left;\"><\/div>\n<p style=\"margin-top: 10px; text-align: left;\"><span style=\"color: #000000;\">I&#8217;m optimistic on the fiscal cliff. Implications for now:<\/span><\/p>\n<p style=\"margin-top: 10px; padding-left: 30px; text-align: left;\"><span style=\"color: #000000;\">+ Taxes will rise next year &#8212; for everything from dividends to death taxes.<br \/>\n<\/span><\/p>\n<p style=\"margin-top: 10px; padding-left: 30px; text-align: left;\"><span style=\"color: #000000;\">+ Certainty of sorts will dawn. CEOs will look at their investment plans positively.<\/span><\/p>\n<p style=\"margin-top: 10px; padding-left: 30px; text-align: left;\"><span style=\"color: #0000ff;\"><span style=\"color: #000000;\">+ Many erstwhile high-gaining stocks will fall until year-end as we all take gains in anticipation of paying more taxes next year..<\/span><\/span><\/p>\n<p style=\"margin-top: 10px; text-align: left;\"><span style=\"color: #0000ff;\"><span style=\"color: #000000;\"> I remain heavily in cash.<\/span><strong><br \/>\n<\/strong><\/span><\/p>\n<p style=\"margin-top: 10px; text-align: left;\">If yo have a stomach for writing your congressperson, senator or president a letter, please implore them that we need immigration reform. Here&#8217;s an email I sent my senator on the weekend:<\/p>\n<p style=\"margin-top: 10px; padding-left: 30px; text-align: left;\">Please make immigration reform happen.<br \/>\nI am an immigrant. I came to America to do an MBA at Harvard.<br \/>\nTwo years studying in America convinced me I wanted to stay, as it convinces many.<br \/>\nI&#8217;m now an American, and a happy one.<br \/>\nIn my years here, I&#8217;ve started many new businesses, employed many people and paid the IRS over $60 million in taxes.<br \/>\nToday I invest in technology companies, some startups, some along the way.<br \/>\nAll our companies are short of trained, bright people, especially software engineers.<br \/>\nThe technology community needs more H-1B Visas.<br \/>\nThe technology community needs trained, bright, young people to start and manage companies, and to stay here and become tax-payingAmericans.<br \/>\nI suspect if I graduated today from Harvard, I would have a hard time getting a visa to stay.<br \/>\nI like this place and the opportunities it affords young people.<br \/>\nPlease make immigration reform happen.<br \/>\nThank you,<br \/>\nHarry<\/p>\n<p style=\"margin-top: 10px; text-align: left;\"><span style=\"color: #0000ff;\"><strong>Amazing interest rates<\/strong><\/span>. Yes, they can still fall. From Vanguard over the weekend:<\/p>\n<p style=\"margin-top: 10px; padding-left: 30px; text-align: left;\">The yield on the 10-year U.S. Treasury note was down 13 basis points for the week to 1.62%, for a year-to-date decline of 27 basis points.<\/p>\n<p style=\"margin-top: 10px; text-align: left;\">And you thought they couldn&#8217;t get any lower.<\/p>\n<p style=\"margin-top: 10px; text-align: left;\"><span style=\"color: #0000ff;\"><strong>The biggest lesson remains<\/strong><\/span>: Obey our inviolate stop loss rule. 8% (or even less) continues to make sense. If you don&#8217;t believe me, look at the recent price moves of &#8220;hot&#8221; stocks, such as Apple, Netflix, Intel, AGNC. Annaly, and even Con Edison.<\/p>\n<p style=\"margin-top: 10px; text-align: left;\"><span style=\"color: #0000ff;\"><strong>How Zara Grew Into the World&#8217;s Largest Fashion Retailer.<\/strong><span style=\"color: #000000;\"> The guy who co-founded it is now richer than Warren Buffett.<strong> <\/strong>Fascinating piece. Click<span style=\"color: #0000ff;\"><strong> <a title=\"How Zara became the world's largest fashion retailer\" href=\"http:\/\/www.nytimes.com\/2012\/11\/11\/magazine\/how-zara-grew-into-the-worlds-largest-fashion-retailer.html?pagewanted=all\" target=\"_blank\"><span style=\"color: #0000ff;\">here.<\/span><\/a><\/strong><\/span><\/span><\/span><\/p>\n<p style=\"margin-top: 10px; text-align: left;\"><span style=\"color: #0000ff;\"><strong>Nice warming entrepreneurial story.<\/strong><\/span> From Huffington Post:<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">When 12-year-old Nicky Bronner awoke the day after Halloween 2009 to find his parents had confiscated the previous night&#8217;s booty, he lost it. His father, Michael, explained the candy wasn&#8217;t good for him, and Nicky set out to prove him wrong. Instead, he was horrified to learn the ingredients in his favorite treats. Why not create an all-natural candy that also tastes good?<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">After calling about 15 chefs, Nicky found one who shared he and his father&#8217;s vision &#8212; Adam Melonas &#8212; and the three started Boston-based Unreal in July 2012. They immediately went big: Unreal Candy is already on the shelves of 20,000 stores, including Staples and CVS, will soon be sold in Target and 7-Eleven.<\/p>\n<p style=\"text-align: left;\">Read the full heart-warming story <a title=\"Nick Bronner's Candy Business from Huff Post\" href=\"http:\/\/www.huffingtonpost.com\/2012\/10\/31\/michael-nicky-bronner-unreal-candy_n_1980212.html\" target=\"_blank\"><strong>here.<\/strong><\/a><\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>After many false starts, QR codes are finally taking off.<\/strong><\/span> That&#8217;s the heading on a story in the latest Economist. I love these things:<\/p>\n<p style=\"text-align: left;\"><a href=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2012\/11\/QRCOde2.jpg\"><img decoding=\"async\" class=\"alignnone  wp-image-15983\" title=\"QRCOde2\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2012\/11\/QRCOde2.jpg\" alt=\"\" \/><\/a><\/p>\n<p style=\"text-align: left;\">If you don&#8217;t have a QR scanner on your iPhone, pick one up for free. It&#8217;s called <strong>QRReader.<\/strong><\/p>\n<p style=\"text-align: left;\">Here&#8217;s the Economist on how they&#8217;re used.<\/p>\n<p style=\"text-align: left;\"><a href=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2012\/11\/QRcodes.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-15985\" title=\"QRcodes\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2012\/11\/QRcodes.jpg\" alt=\"\" width=\"819\" height=\"423\" srcset=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2012\/11\/QRcodes.jpg 819w, https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2012\/11\/QRcodes-300x154.jpg 300w\" sizes=\"auto, (max-width: 819px) 100vw, 819px\" \/><\/a><\/p>\n<p style=\"text-align: left;\">You should be using these in your business. They&#8217;re easy to create. Read the full story <a title=\"QR Codes Story from The Economist\" href=\"http:\/\/www.economist.com\/node\/21556993\" target=\"_blank\"><strong>here<\/strong><\/a><strong> <\/strong><span style=\"color: #000000;\">or scan the QRCode above.<\/span><\/p>\n<div style=\"text-align: left;\"><strong><a href=\"..\/wp-content\/uploads\/2010\/08\/HarryNewtonNewShot2.jpg\"><img loading=\"lazy\" decoding=\"async\" title=\"HarryNewtonNewShot\" src=\"..\/wp-content\/uploads\/2010\/08\/HarryNewtonNewShot2.jpg\" alt=\"\" width=\"125\" height=\"180\" \/><\/a><br \/>\n<\/strong><\/div>\n<p style=\"text-align: left;\">Harry Newton who teaches himself &#8220;time management.&#8221; Two elements:<\/p>\n<p style=\"text-align: left; padding-left: 30px;\">1. Every morning list the five most important tasks of the day, and start with the hardest.<\/p>\n<p style=\"text-align: left; padding-left: 30px;\">2. Put 20 minutes aside to do the easy ones. Many tasks look daunting, but can often be done in five minutes. Saves them piling up. Makes the family happy.<\/p>\n<div id=\"yass_bottom_edge\" style=\"background-image: url('chrome:\/\/yass\/content\/edgebgbot.png'); background-position: 0px 0px; position: absolute; margin: 0px; padding: 0px; border-width: 0px; height: 0px; left: 0px; top: 0px; width: 100%; display: block;\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>I&#8217;m optimistic on the fiscal cliff. Implications for now: + Taxes will rise next year &#8212; for everything from dividends to death taxes. + Certainty of sorts will dawn. CEOs will look at their investment plans positively. + Many erstwhile high-gaining stocks will fall until year-end as we all take gains in anticipation of paying [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-15975","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts\/15975","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=15975"}],"version-history":[{"count":0,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts\/15975\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=15975"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=15975"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=15975"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}