{"id":20899,"date":"2013-07-15T09:14:22","date_gmt":"2013-07-15T13:14:22","guid":{"rendered":"http:\/\/www.technologyinvestor.com\/?p=20899"},"modified":"2013-07-15T09:26:39","modified_gmt":"2013-07-15T13:26:39","slug":"where-do-we-find-ideas","status":"publish","type":"post","link":"https:\/\/www.technologyinvestor.com\/?p=20899","title":{"rendered":"Where do we find ideas?"},"content":{"rendered":"

Ryan Detrick of Schaeffer’s Investment Research in Cincinnati has figured that stocks that get thrown out of the Nasdaq 100 index tend to outperform those added to it. Ten stocks removed from the index at the end of 2012 had an average return of 42.1% through June 17, 2013. The ten that were added had an average return of 15.8%. Neat?<\/p>\n

I’m thinking … where do I get stock ideas from? And the answer: it’s the least <\/strong>disciplined part of my investing. It needs to have a lot more discipline. I started thinking about sources of ideas:<\/p>\n

The worst:<\/strong><\/p>\n

+ The financial pages of daily newspapers. Useless. Fascinating articles on everything but<\/strong> stocks.<\/p>\n

+ Business magazines like\u00a0 Barrons, Forbes, BusinessWeek and Fortune. Of late, this group has become desperate as readership has declined. Stories tend to be more flamboyant, more tabloidish. The stock columnist in Forbes is Ken Fisher. His “objective” financial column is an advertisement for his money management services. It’s a huge a conflict of interest.<\/p>\n

+ The Economist. The best articles, but no stock focus.<\/p>\n

+ Investing magazines like Money. Investing for the lower masses. Nothing useful.<\/p>\n

+ Your friends. Useless. Probably the worst source of ideas.<\/p>\n

+ The investment newsletters.<\/p>\n

+ BubbleVision — the financial TV networks, like CNBC, with the occasional exception of Cramer, who occasionally finds one — e.g. HON, ETN, COST, WFM, PF adn GILD. I’m not ashamed to say I do watch his show.<\/p>\n

+ Brokerage reports. They’re not written to pick good stocks. They’re written to sell investment banking services to the companies being written up.<\/p>\n

The best:<\/strong><\/p>\n

+ Stock screeners.<\/p>\n

+ The holdings of successful mutual funds.<\/p>\n

+ Your own observation. What’s selling locally, etc. The Peter Lynch method.<\/p>\n

Where else? I have a service that ranks stocks by sentiment. More about them another day, when I finally understand “sentiment.” Their biggest sell recommendations? Apple and Google. Meantime, where do you find ideas? Add a Comment or two below, please.<\/p>\n

What would Warren Buffett do differently if he started all over again? <\/strong>He would try to understand technology better. For a story, click\u00a0<\/a>here.<\/a>
\n<\/strong><\/span><\/span><\/p>\n

Yet another reason to invest in Google. <\/strong>It’s rare to see a company where everything is clicking. The products. The buzz. The profits. I wish I had loaded up on Google years ago. But I am in and it continues to be a big winner. There’s more of a run here.\u00a0 <\/span><\/span><\/p>\n

\"GoogleAbove900\"<\/a><\/p>\n

This beatitful piece just appeared on David Pogue’s Blog. Enjoy.<\/p>\n

A Better Google Maps App for Apple and Android Devices<\/strong><\/span>
\n\"GoogleMapsonAndroid\"<\/a><\/p>\n

Our story so far: Last September, Apple decided to dump the Google Maps app that had been on the iPhone for years. Apple replaced it with its own Maps app – software with so many problems that Apple’s chief executive, Tim Cook, apologized and even recommended that people use other apps until Apple could fix its own one.<\/p>\n

In December – incredibly quickly – Google responded by introducing its own Maps app for iPhone. It’s a spectacular app, among the best apps ever written. It’s fast, beautiful and so good at guessing what you mean when you start typing a destination, it’s almost mind reading. You can read the details here.<\/p>\n

Today, that delightful news gets even better. Not only has Google improved Google Maps for iPhone, it’s also brought that same free app to three machines that never had it: the iPad, Android phones and Android tablets. (The Android versions are available for download today; it requires the Ice Cream Sandwich or Jelly Bean version of Android – recent versions, in other words. The iOS versions will be available shortly.)<\/p>\n

For Andoroidians, the biggest news is the design of the app itself. It’s modeled on the iPhone app, the one that’s simple and fast and elegant. It’s also uncluttered by the morass of menus that have always plagued the existing Maps app for Android.<\/p>\n

But for practitioners of all religions – tablet, phone, iOS, Android – the other news is the new features that today’s new version brings. They include:<\/p>\n

* Greater speed. All app versions are faster than before.<\/p>\n

* Better place information. Half the time, you don’t even need navigation instructions; you just use Google Maps as the world’s smartest Yellow Pages, to find a nearby restaurant, movie theater, drugstore or whatever.<\/p>\n

The details for found places now include a one-line description (“Chinese restaurant famous for dim sum”); a five-star rating system (including a decimal – “4.3,” for example – because, let’s face it, almost everything these days winds up with a four-star rating); the ability to upload your own photos of a place; and a more complete integration of the Zagat guides, which Google bought.<\/p>\n

* Greater emphasis on exploration. Google Maps has always excelled at getting you to a known destination. But Google now wants the app to help you choose a restaurant, bar, store, recreation center or hotel, at least in major United States and European cities.<\/p>\n

If you tap in the Search box without typing anything, new, photographic buttons appear: Eat, Drink, Shop, Play, Sleep. Each opens lists of corresponding facilities, sorted by criteria like Local Favorites, Popular with Tourists and so on. (Google says that these recommendations are never paid placement.)<\/p>\n

* Traffic incidents and auto-rerouting. At last: Google Maps shows more than colored lines indicating current traffic speeds on major roads. Now it also displays tiny icons that represent accidents and construction. Tap one to read the details: “Right lane blocked on 680,” for example. (In case you were wondering, the information on traffic incidents doesn’t come from Waze, the traffic-incident app that Google recently bought. That data has yet to be incorporated into Maps.)<\/p>\n

Better yet: Maps now looks ahead for traffic jams on your route, and interrupts your drive with a dialog box that offers to route you around it (if the new path would be quicker, of course). On its own.<\/p>\n

* Offline maps. This feature is something of an Easter egg. It’s undocumented, a feature inserted by Google engineers simply because they wanted it. You can access it only if you know the secret. But wow, is it worth it.<\/p>\n

This feature memorizes the map data for whatever area is displayed on your screen right now (up to a whole city in size). That way, you can use Google Maps even when you’re overseas and don’t want to turn on data roaming (because that’s insanely expensive), or when you’re in an area where there’s no cell reception. It’s very handy.<\/p>\n

To capture a map snapshot like this, tap in the Search box. Use the speech-recognition button and say, “OK Maps.” (It’s a riff on the command “OK Glass” that prepares Google Glass, the company’s “smart headband,” for voice commands.)<\/p>\n

A message quietly lets you know you’ve successfully stored the displayed area.<\/p>\n

*Nice tablet layouts. On a tablet, Maps really shines. The app smartly reformats itself to take best advantage of whatever screen shape you have: two or three columns of place listings, for example, and luxuriously displayed photos and reviews for each business.<\/p>\n

This new, improved Maps app works identically on both major flavors of phone and tablet. You know what? I don’t care how much you distrust Google and its motives. This is crazy good software, some of the best work Google has ever done.<\/p>\n

Yet another reason not to invest in Microsoft. <\/strong>The company is reorganizing its 100,000 employees, trying to make its organization structure more like Apple’s, which, sadly, is no longer working since Steve died. The mainstream financial press has generally been kind to Microsoft’s re-org. For a different view (and one I agree with), read this piece in Stratechery. <\/em><\/span><\/span>Click here.<\/strong><\/a>For the New York Times story, click here.<\/strong><\/a><\/span><\/p>\n

Hedge funds are allegedly buying gold again.<\/strong> Thus says an article in Bloomberg. Click<\/span> here.<\/strong><\/a> To me, it looks like desperately trying to catch a falling knife — not a strategy I like or recommend:<\/span> <\/span><\/p>\n

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

\u00a0Buy when there’s blood in the street. <\/strong>OK. So, Friday there’s a fire one of Boeing’s new Dreamliners. The stock plummets. I buy at $100.06, figuring it was a chance to buy a quality stock on sale. Make sense? A gamble? Is there something fundamentally wrong with the Dreamliner. Or was the fire a total fluke? What I do know: Every new plane introduced has numerous teething problems.<\/span><\/span><\/p>\n

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

\u00a0\"\"<\/a>
\nHarry Newton who wonders how many readers have been receiving spam emails from “Technology Investor”? I suspect that my list of “subscribe to blog updates” (top left) somehow got hacked. I don’t know how or why — maybe someone who doesn’t like me.\u00a0 I am receiving 20-30 spams a days from “Technology Investor.” Has anyone else? Should I do something — e.g. kill the list altogether?<\/p>\n

I played tennis at 7:00 AM this morning. Even then it was brutal and the bugs were out in full force. It’s going to seriously awful in New York this week.<\/p>\n","protected":false},"excerpt":{"rendered":"

Ryan Detrick of Schaeffer’s Investment Research in Cincinnati has figured that stocks that get thrown out of the Nasdaq 100 index tend to outperform those added to it. Ten stocks removed from the index at the end of 2012 had an average return of 42.1% through June 17, 2013. The ten that were added had […]<\/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-20899","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts\/20899","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=20899"}],"version-history":[{"count":0,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts\/20899\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=20899"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=20899"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=20899"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}