{"id":29571,"date":"2015-01-20T10:24:07","date_gmt":"2015-01-20T15:24:07","guid":{"rendered":"http:\/\/www.technologyinvestor.com\/?p=29571"},"modified":"2015-01-20T10:37:55","modified_gmt":"2015-01-20T15:37:55","slug":"gambling-with-falling-knives","status":"publish","type":"post","link":"https:\/\/www.technologyinvestor.com\/?p=29571","title":{"rendered":"Gambling with falling knives"},"content":{"rendered":"<p style=\"text-align: left;\">I bought a little SLB and HAL on Friday. By the end of the day, they&#8217;d jumped a little. Here&#8217;s five days with SLB.<\/p>\n<p style=\"text-align: left;\"><a href=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2015\/01\/SLBFiveDays.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-29573\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2015\/01\/SLBFiveDays.jpg\" alt=\"SLBFiveDays\" width=\"641\" height=\"359\" srcset=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2015\/01\/SLBFiveDays.jpg 641w, https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2015\/01\/SLBFiveDays-300x168.jpg 300w\" sizes=\"auto, (max-width: 641px) 100vw, 641px\" \/><\/a><\/p>\n<p style=\"text-align: left;\">Normally I don&#8217;t like catching falling knives.<\/p>\n<p style=\"text-align: left;\">Another knife to catch may be gold. Here&#8217;s its movement over the past ten years:<\/p>\n<p style=\"text-align: left;\"><a href=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2015\/01\/SGOLOverTenYears.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-29584\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2015\/01\/SGOLOverTenYears.jpg\" alt=\"SGOLOverTenYears\" width=\"645\" height=\"334\" srcset=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2015\/01\/SGOLOverTenYears.jpg 645w, https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2015\/01\/SGOLOverTenYears-300x155.jpg 300w\" sizes=\"auto, (max-width: 645px) 100vw, 645px\" \/><\/a><\/p>\n<p style=\"text-align: left;\">Actually it&#8217;s up slightly in the past 12 months &#8212; The ETF SGOL is up slightly from $122.74 to $124.97.<\/p>\n<p style=\"text-align: left;\"><a href=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2015\/01\/SGOLOverOneYear.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-29585\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2015\/01\/SGOLOverOneYear.jpg\" alt=\"SGOLOverOneYear\" width=\"641\" height=\"344\" srcset=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2015\/01\/SGOLOverOneYear.jpg 641w, https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2015\/01\/SGOLOverOneYear-300x160.jpg 300w\" sizes=\"auto, (max-width: 641px) 100vw, 641px\" \/><\/a><\/p>\n<p style=\"text-align: left;\">There is talk (subdued for now) that gold will rise this year. Worth monitoring.<\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>I&#8217;m not excited by Amazon nor Google for the same reason:<\/strong><\/span> Too much on their plates. No one can focus on the vast panoply of projects these two companies are undertaking.<\/p>\n<p style=\"text-align: left;\">From a recent Fortune magazine piece on Amazon:<\/p>\n<p style=\"text-align: left;\"><a href=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2015\/01\/AmazonShotsFired.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-29589\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2015\/01\/AmazonShotsFired.jpg\" alt=\"AmazonShotsFired\" width=\"517\" height=\"250\" srcset=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2015\/01\/AmazonShotsFired.jpg 517w, https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2015\/01\/AmazonShotsFired-300x145.jpg 300w\" sizes=\"auto, (max-width: 517px) 100vw, 517px\" \/><\/a><\/p>\n<p style=\"text-align: left;\">Fortune ended an adulatory piece on Google&#8217;s Larry Page:<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">Page looks at Google\u2019s projects as a portfolio, a \u201cbucket of investments.\u201d Some are short-term, others are medium or long-term bets. He says he is fairly certain some will pay off. And while the investments are sizable, they are also gradual. \u201cBy the time you know you want to put a significant amount of money into something, you\u2019re pretty sure you\u2019re going to make money from it,\u201d says Page. \u201cIt\u2019s not that the risk is so high.\u201d To the most ambitious CEO on the planet, clearly the bigger risk is in not trying to conjure the future.<\/p>\n<p style=\"text-align: left;\">Larry is spending Google shareholder money on curing cancer!<\/p>\n<p style=\"text-align: left;\">Read the entire Fortune piece <a title=\"Larry Page, the most ambitious CEO in the universe\" href=\"http:\/\/fortune.com\/2014\/11\/13\/googles-larry-page-the-most-ambitious-ceo-in-the-universe\/\" target=\"_blank\"><strong>here.<\/strong><\/a><\/p>\n<p style=\"text-align: left;\">BlackRock says the Australian dollar could fall another 15%. The end of the commodity boom is hitting resource-rich Australia hard, and\u00a0investment management giant BlackRock believes the Australian dollar has further to fall, down another 15% to about $0.70, according to Bloomberg.The Australians will not try to stop the fall. Their Reserve Bank has been encouraging the fall since the Aussie dollar was over $1 and Australian manufacturers were being priced out of export markets.<\/p>\n<p style=\"text-align: left;\"><a href=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2015\/01\/20_hottest_girls_australian_girls.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-29582\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2015\/01\/20_hottest_girls_australian_girls.jpg\" alt=\"20_hottest_girls_australian_girls\" width=\"450\" height=\"253\" srcset=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2015\/01\/20_hottest_girls_australian_girls.jpg 450w, https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2015\/01\/20_hottest_girls_australian_girls-300x168.jpg 300w\" sizes=\"auto, (max-width: 450px) 100vw, 450px\" \/><\/a><\/p>\n<p style=\"text-align: left;\"><span style=\"font-size: 15px; line-height: 1.5em;\">Australia is becoming a super cheap (and wonderful) place for Americans to visit. For more Australian girls, click <a title=\"20 Hottest Australian girls\" href=\"http:\/\/heavy.com\/action\/girls\/2011\/03\/the-20-hottest-australian-girls\/\" target=\"_blank\"><strong>here.<\/strong><\/a><br \/>\n<\/span><\/p>\n<p style=\"text-align: left;\">The Australian Tennis Open started yesterday. It&#8217;s playing on <em>The Tennis Channel.<\/em><\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>\u00a0Weekend &#8220;insights:&#8221;<\/strong><\/span><\/p>\n<p style=\"padding-left: 30px; text-align: left;\">+ New Balance makes the best shoe laces:their &#8220;bubble&#8221; nature keeps them tied when you&#8217;re running of playing tennis. Finally, shoelaces that don&#8217;t open.<\/p>\n<p style=\"padding-left: 30px; text-align: left;\"><a href=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2015\/01\/Bubbleshoelaces.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-29588\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2015\/01\/Bubbleshoelaces.jpg\" alt=\"Bubbleshoelaces\" width=\"204\" height=\"218\" \/><\/a><\/p>\n<p style=\"padding-left: 30px; text-align: left;\">Buy laces <a title=\"New Balance bubble shoe laces.\" href=\"http:\/\/www.newbalance.com\/pd\/bubble-lace\/BUBBLE.html#color=White\" target=\"_blank\"><strong>here.<\/strong><\/a><\/p>\n<p style=\"padding-left: 30px; text-align: left;\">+ The big four online travel companies are Expedia, Priceline, Orbitz and CheapOAir. But always try your chosen airline and negotiate with them on the phone. Twofers in business class are common. For twofers, call on the phone. Check on the phone with American Express Platinum for their deals.<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">+ AmazonBasics has great cheap stuff. Like HDMI cables and stands to hold your iPad.<\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>The greatest ad ever for a whiskey ever:<\/strong><\/span><\/p>\n<p style=\"text-align: left;\"><a href=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2015\/01\/JackDanielsAd.png\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-29576\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2015\/01\/JackDanielsAd.png\" alt=\"JackDanielsAd\" width=\"422\" height=\"545\" srcset=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2015\/01\/JackDanielsAd.png 422w, https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2015\/01\/JackDanielsAd-232x300.png 232w\" sizes=\"auto, (max-width: 422px) 100vw, 422px\" \/><\/a><\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>A joke for the times.<\/strong><\/span><\/p>\n<p style=\"text-align: left;\">A little Muslim kid is crying. He can&#8217;t find his mother in the supermarket.<\/p>\n<p style=\"text-align: left;\">A store attendant tries to help, &#8220;What does she look like?&#8221;<\/p>\n<p style=\"text-align: left;\">I have no idea.<\/p>\n<p style=\"text-align: left;\"><a href=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2015\/01\/NoIdea.png\"><img decoding=\"async\" class=\"alignnone size-full wp-image-29574\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2015\/01\/NoIdea.png\" alt=\"NoIdea\" \/><\/a><\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>The sickest joke ever.<\/strong><\/span><\/p>\n<p style=\"text-align: left;\">A seriously depressed woman stands at the edge of a cliff, trying to get the nerve up to jump.<\/p>\n<p style=\"text-align: left;\">A passing hobo stops and says, &#8220;Since you&#8217;re about to kill yourself anyway, would you mind if we had sex first?&#8221;<\/p>\n<p style=\"text-align: left;\">The woman said &#8220;Hell no! Get away from me you sicko!&#8221;<\/p>\n<p style=\"text-align: left;\">The bum turned to leave and muttered, &#8220;Fine, I&#8217;ll just go wait at the bottom&#8221;.<\/p>\n<p style=\"text-align: left;\"><a href=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2013\/07\/HarryNewton.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-21218\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2013\/07\/HarryNewton.jpg\" alt=\"HarryNewton\" width=\"200\" height=\"199\" srcset=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2013\/07\/HarryNewton.jpg 200w, https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2013\/07\/HarryNewton-150x150.jpg 150w\" sizes=\"auto, (max-width: 200px) 100vw, 200px\" \/><\/a><br \/>\nHarry Newton who read too much &#8220;sage&#8221; writing this weekend on Islam and Europe. And got depressed because he&#8217;s convinced that the path Europe is on will only make things worse, and lead to more terrorist acts. Two small quotes:<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">+ Those who speak officially in the name of the French Muslim community explain that Islam is not the threat, that the real culprits are those who &#8220;insult Islam,&#8221; and that &#8220;the main victims&#8221; are Muslims.<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">+ Prime Minister of Israel, Benjamin Netanyahu, was initially not invited to the big Paris march. He came anyhow. French officials let him know that he was not welcome and not to speak. He spoke anyhow. As a sign of disapproval, French officials left the Grand Synagogue of Paris during the ceremony for the dead Jews, before Netanyahu&#8217;s speech. (Six the 17 killed in Paris were Jews.) Anti-Semitic acts nearly doubled in France in the first seven months of 2014, compared with the\u00a0 previous year.<\/p>\n<p style=\"text-align: left;\">Is it really safe any longer to visit Paris as a tourist?<\/p>\n<p><script>\/\/ <![CDATA[\n(function(i,s,o,g,r,a,m){i['GoogleAnalyticsObject']=r;i[r]=i[r]||function(){\n  (i[r].q=i[r].q||[]).push(arguments)},i[r].l=1*new Date();a=s.createElement(o),\n  m=s.getElementsByTagName(o)[0];a.async=1;a.src=g;m.parentNode.insertBefore(a,m)\n  })(window,document,'script','\/\/www.google-analytics.com\/analytics.js','ga');\n\n  ga('create', 'UA-45200733-1', 'technologyinvestor.com');\n  ga('send', 'pageview');\n\/\/ ]]><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>I bought a little SLB and HAL on Friday. By the end of the day, they&#8217;d jumped a little. Here&#8217;s five days with SLB. Normally I don&#8217;t like catching falling knives. Another knife to catch may be gold. Here&#8217;s its movement over the past ten years: Actually it&#8217;s up slightly in the past 12 months [&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-29571","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts\/29571","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=29571"}],"version-history":[{"count":0,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts\/29571\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=29571"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=29571"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=29571"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}