{"id":17183,"date":"2013-01-14T09:08:22","date_gmt":"2013-01-14T14:08:22","guid":{"rendered":"http:\/\/www.technologyinvestor.com\/?p=17183"},"modified":"2013-01-14T09:38:56","modified_gmt":"2013-01-14T14:38:56","slug":"please-remove-java-from-your-pc-qualcomm-is-worth-it-how-buffett-does-it","status":"publish","type":"post","link":"https:\/\/www.technologyinvestor.com\/?p=17183","title":{"rendered":"Please remove Java from your PC. Qualcomm is worth it. How Buffett does it."},"content":{"rendered":"
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Please remove or disable Java from your computer — PC or Mac, laptop or desktop.<\/strong><\/span> The software Java is vulnerable to being hacked, letting the bad guys get control of your PC and making your life permanently miserable. I have removed Java from all my Windows machines. It’s easy: Go to Control Panel “Add or Remove Programs” in XP or “Programs and Features” in Win 7. You may find one or two programs with the word “Java<\/strong>.” Uninstall all or them. Then reboot.<\/p>\n

For an Apple machine, click here<\/strong><\/a>.<\/strong><\/a><\/p>\n

Do not disable JavaScript.<\/p>\n

Oracle, which now owns Java,\u00a0 will release a new patched, Java in the next few days. You’ll be able to install the new Java. For now, you can happily run without Java. Most important, do not<\/strong> visit web sites which an email you received suggested you visit — especially for one of your credit cards. The crooks are getting good at making fake emails look real.<\/p>\n

I owe Apple a big apology.<\/strong><\/span> They responded aggressively, and walked me through as we fixed iTunes syncing problems (see Friday<\/strong><\/a>). Essentially the solution was to uninstall (i.e. remove)\u00a0 all <\/strong>Apple software on my PC, including Bonjour, iTunes and three pieces with the name Apple in them.\u00a0 Then reinstall iTunes from the Apple web site. It seems crazy to remove five pieces of software to repair one. But it worked. There’s a lesson here somewhere.<\/p>\n

Today’s Wall Street Journal has a story that says “Apple cuts orders for iPhone parts.” Click here<\/strong><\/a>. I no longer own Apple shares for the reasons I mentioned on Friday.<\/p>\n

Qualcomm over ten years.<\/strong><\/span><\/p>\n

<\/strong>\"\"<\/a><\/p>\n

Qualcomm’s P\/E is 18.Here are charts of its financials, courtesy the Wall Street Journal:<\/p>\n

\"\"<\/a><\/p>\n

Is this going to be a ten-bagger over the next year or so?<\/p>\n

No.<\/p>\n

Is it going to gain a respectable amount? Yes\u00a0 Is it worth owning a position? Yes — based on the technology I saw and the Vision I heard from CES (Consumer Electronics Show) last week.<\/p>\n

Just how good is Warren Buffett’s track record? <\/strong><\/span>From a Seeking Alpha<\/em> piece:<\/span><\/strong>
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Using the Information Ratio, which measures the expected return of a manager’s active portfolio divided by the amount of idiosyncratic risk (risk that can almost be eliminated with diversification), he has outperformed every single stock and almost every single mutual fund over the past 30-year period on a risk-adjusted basis:<\/p>\n

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The Seeking Alpha piece explains how Warren does it. The piece is good. Read it. Click here.<\/strong><\/a><\/p>\n

\u00a0Favorite recent New Yorker cartoons.<\/strong><\/span><\/p>\n

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Cute Scottish\/Greek joke<\/strong><\/span>
\nA Greek and a Scotsman were sitting in a Starbucks cafe discussing Who had the superior culture.<\/p>\n

Over triple lattes the Greek guy says, “Well we Greeks built the Parthenon” and arched his eyebrows.<\/p>\n

Grant replies, “Well … it was the Scots that discovered the Summer and Winter Solstices.”<\/p>\n

The Greek retorts, “We Greeks gave birth to advanced mathematics.”<\/p>\n

Grant, nodding in agreement says, “Scots were the ones who built the first timepieces and calendars.”<\/p>\n

And so on until the Greek comes up with what he thinks will end the discussion. With a flourish of finality he says,<\/p>\n

“The Greeks were the ones who invented sex!”<\/p>\n

Grant replies, “Aye, that is true, but it was we Scots who introduced it to women!”<\/p>\n

\"\"<\/a>
\nHarry Newton, who encourages his readers to get a flu shot<\/strong>. I got one on Sunday at the local supermarket pharmacy and I’m still alive. Hence the flu shot must be safe. Uncle Sam paid for it through Medicare. Thank you. Stop touching your face. Wash your hands. This flu is nasty. My friends are suffering.<\/p>\n

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Please remove or disable Java from your computer — PC or Mac, laptop or desktop. The software Java is vulnerable to being hacked, letting the bad guys get control of your PC and making your life permanently miserable. I have removed Java from all my Windows machines. It’s easy: Go to Control Panel “Add or […]<\/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-17183","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts\/17183","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=17183"}],"version-history":[{"count":0,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts\/17183\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=17183"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=17183"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=17183"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}