{"id":44056,"date":"2018-09-21T11:43:11","date_gmt":"2018-09-21T15:43:11","guid":{"rendered":"http:\/\/www.technologyinvestor.com\/?p=44056"},"modified":"2018-09-21T11:50:50","modified_gmt":"2018-09-21T15:50:50","slug":"if-you-are-worried-about-the-economy-save-your-fears-for-the-denver-airport-at-midnight","status":"publish","type":"post","link":"https:\/\/www.technologyinvestor.com\/?p=44056","title":{"rendered":"If you are worried about the economy, save your fears for the Denver Airport at midnight"},"content":{"rendered":"<p style=\"text-align: left;\">Denver Airport midnight last night. A mob scene. The trains were chock full. So crowded people waited (four minutes) for the next train.<\/p>\n<p style=\"text-align: left;\">Where did they all come from? Here, there and everywhere. Some businesspeople attending to Denver&#8217;s explosive growth. Check out all the new buildings on the highway from the airport to town.\u00a0The bulk seemed to be people like Susan and me coming to town for a wedding, a funeral, a tennis match, walking in the mountains, the family, or for some legal weed.<\/p>\n<p style=\"text-align: left;\">You don&#8217;t ever see this mob scene in a sluggish economy. You see it in a booming economy &#8212; which is clearly what we have.<\/p>\n<p style=\"text-align: left;\">I remain fully invested in equities.<\/p>\n<p style=\"text-align: left;\">JetBlue has ramped up\u00a0 its in inflight TV, movies and free WiFi, which actually works and fast &#8212; because it works off a satellite, not off towers on the ground, which most other airlines use.<\/p>\n<p style=\"text-align: left;\">JetBlue&#8217;s extra legroom seats are worth the extra money. Most people don&#8217;t pay\u00a0the extra. Hence you have a better chance of snagging an empty seat next to you in a full plane. Take your noise-cancelling Sony or Bose\u00a0headphones or earbuds. Worth the respite from the noisy jet engines.<\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>Heavy on the Chutzpah<\/strong><\/span><\/p>\n<p style=\"text-align: left;\">The thing hasn&#8217;t been announced but it&#8217;s already a &#8220;Best Seller&#8221;? More wonderful marketing from Amazon.<\/p>\n<p style=\"text-align: left;\"><a href=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2018\/09\/smartplug.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-44057\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2018\/09\/smartplug.jpg\" alt=\"smartplug\" width=\"600\" height=\"223\" srcset=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2018\/09\/smartplug.jpg 600w, https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2018\/09\/smartplug-300x112.jpg 300w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/a><\/p>\n<p style=\"text-align: left;\">I bought one today &#8230; well, sort-of. I pre-ordered:<\/p>\n<p style=\"text-align: left;\"><a href=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2018\/09\/Preorder.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-44058\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2018\/09\/Preorder.jpg\" alt=\"Preorder\" width=\"277\" height=\"99\" \/><br \/>\n<\/a>Get yours <strong><a href=\"https:\/\/www.amazon.com\/Amazon-Smart-Plug-works-Alexa\/dp\/B01MZEEFNX\/ref=sr_1_1_sspa?s=lamps-light&amp;ie=UTF8&amp;qid=1537539870&amp;sr=1-1-spons&amp;keywords=smart+plug&amp;psc=1\" target=\"_blank\">here.<\/a>\u00a0<\/strong><\/p>\n<p style=\"text-align: left;\">Meantime, pick up a few shares of AMZN. It&#8217;s a little weak this morning.<\/p>\n<p style=\"text-align: left;\"><a href=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2018\/09\/amznytd.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-44059\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2018\/09\/amznytd.jpg\" alt=\"amznytd\" width=\"616\" height=\"231\" srcset=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2018\/09\/amznytd.jpg 616w, https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2018\/09\/amznytd-300x113.jpg 300w\" sizes=\"auto, (max-width: 616px) 100vw, 616px\" \/><\/a><\/p>\n<p style=\"text-align: left;\">I think Alibaba&#8217;s weakness presents a nice buying opportunity. China stocks have fallen because of Trump&#8217;s Trade War and a slowing economy there. But BABA is firing on all cylinders. I love its finances. Two numbers blow me away:<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">According to a February 2018 SEC filing, Alibaba has\u00a0<b>617 million<\/b>\u00a0monthly mobile users and\u00a0<b>552 million<\/b>\u00a0active users on its China retail marketplaces (Tmall and Taobao).<\/p>\n<p style=\"text-align: left;\">And it&#8217;s only grown since then. Here&#8217;s a chart showing breakdown of its businesses:<\/p>\n<p style=\"text-align: left;\"><a href=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2018\/09\/BABAbreakdown.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-44062\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2018\/09\/BABAbreakdown.jpg\" alt=\"BABAbreakdown\" width=\"650\" height=\"407\" srcset=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2018\/09\/BABAbreakdown.jpg 650w, https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2018\/09\/BABAbreakdown-300x188.jpg 300w\" sizes=\"auto, (max-width: 650px) 100vw, 650px\" \/><\/a><\/p>\n<p style=\"text-align: left;\">Here&#8217;s BABA year to date:<\/p>\n<p style=\"text-align: left;\"><a href=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2018\/09\/babaytd.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-44063\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2018\/09\/babaytd.jpg\" alt=\"babaytd\" width=\"612\" height=\"236\" srcset=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2018\/09\/babaytd.jpg 612w, https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2018\/09\/babaytd-300x116.jpg 300w\" sizes=\"auto, (max-width: 612px) 100vw, 612px\" \/><\/a><\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>Internet envy<\/strong><\/span><\/p>\n<p style=\"text-align: left;\">We rented an AirBnB in Denver for the weekend. Comfortable house with weird furniture. No drekorator (spelled correctly) was present here.<\/p>\n<p style=\"text-align: left;\">The house&#8217;s Internet speed is simply amazing. Everyone should have this download speed. Made writing today&#8217;s blog a real pleasure.<\/p>\n<p style=\"text-align: left;\"><a href=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2018\/09\/DenverAirBnB.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-44064\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2018\/09\/DenverAirBnB.jpg\" alt=\"DenverAirBnB\" width=\"394\" height=\"169\" srcset=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2018\/09\/DenverAirBnB.jpg 394w, https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2018\/09\/DenverAirBnB-300x129.jpg 300w\" sizes=\"auto, (max-width: 394px) 100vw, 394px\" \/><\/a><\/p>\n<p style=\"text-align: left;\"><strong><span style=\"color: #0000ff;\">All recent iPhones have three great features:<\/span><\/strong><\/p>\n<p style=\"padding-left: 30px; text-align: left;\">+ WiFi calling. Improves the quality of your phone calls.<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">+ Personal Hotspot. WiFi for your laptop. Lets you get private WiFi anywhere and everywhere.<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">+ PhotoSharing &#8212; now called &#8220;For You&#8221; under the new iOS 12.<\/p>\n<p style=\"text-align: left;\">You don&#8217;t need to buy a new iPhone to get these wonderful features. But you do need to get the new Apple watch.<\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>Murphy&#8217;s Other Laws<\/strong><\/span><\/p>\n<p style=\"padding-left: 30px; text-align: left;\">+ Light travels faster than sound. This is why some people appear bright until you hear them speak.<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">+ He who laughs last, thinks slowest.<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">+ A day without sunshine is like, well, night.<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">+ Change is inevitable, except from a vending machine.<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">+ Nothing is foolproof to a sufficiently talented fool.<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">+ If the shoe fits, get another one just like it.<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">+ God gave you toes to find furniture in the dark.<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">+ When you go into court, you are putting yourself in the hands of twelve people who weren&#8217;t smart enough to get out of jury duty.<\/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 is sounding like a cracked record on the perils of investing in emerging countries. If you want more ghoulish pleasure on their problems, read these two pieces from the<em> Economist<\/em> on poor Brazil, which looks as though it&#8217;s going down the insane path Venezuela blazed. Read <a href=\"https:\/\/www.economist.com\/briefing\/2018\/09\/20\/a-scary-election-in-brazil\" target=\"_blank\"><strong>here<\/strong><\/a> and <strong><a href=\"https:\/\/www.economist.com\/leaders\/2018\/09\/20\/jair-bolsonaro-latin-americas-latest-menace\" target=\"_blank\">here.<\/a>\u00a0<\/strong><\/p>\n<p style=\"text-align: left;\">If you&#8217;re a gmail subscriber, you may not have received recent blogs by email from me. For some reason, Google things my blog is spam and is rejecting my brilliance. I&#8217;m trying to solve the problem. (Good luck dealing with Google.) Meantime, visit my blog for the latest. Any day. Click <strong><a href=\"https:\/\/www.technologyinvestor.com\/\" target=\"_blank\">here<\/a>.<\/strong> Yesterday&#8217;s blog, which has my <strong>Dozen Best Tips for a Better Life<\/strong>, is\u00a0<strong><a href=\"https:\/\/www.technologyinvestor.com\/?p=44037\" target=\"_blank\">here.<\/a>\u00a0<\/strong><\/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>\n<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Denver Airport midnight last night. A mob scene. The trains were chock full. So crowded people waited (four minutes) for the next train. Where did they all come from? Here, there and everywhere. Some businesspeople attending to Denver&#8217;s explosive growth. Check out all the new buildings on the highway from the airport to town.\u00a0The bulk [&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-44056","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts\/44056","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=44056"}],"version-history":[{"count":12,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts\/44056\/revisions"}],"predecessor-version":[{"id":44074,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts\/44056\/revisions\/44074"}],"wp:attachment":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=44056"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=44056"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=44056"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}