{"id":51522,"date":"2020-08-20T15:34:36","date_gmt":"2020-08-20T19:34:36","guid":{"rendered":"https:\/\/www.technologyinvestor.com\/?p=51522"},"modified":"2020-08-20T15:34:36","modified_gmt":"2020-08-20T19:34:36","slug":"steven-bannon-gets-pardoned-well-not-yet-meantime-here-are-my-latest-stock-buys-enjoy","status":"publish","type":"post","link":"https:\/\/www.technologyinvestor.com\/?p=51522","title":{"rendered":"Steven Bannon gets pardoned&#8230; Well not yet. Meantime, here are my latest stock buys. Enjoy."},"content":{"rendered":"<p style=\"text-align: left;\">I recent days I&#8217;ve bought more Zoom, Square, Livongo, Chipotle, Apple, Qualcomm, Danaher, Generac and Roku.<\/p>\n<p style=\"text-align: left;\">I sold Gilead. I&#8217;m no good with covid gambles.<\/p>\n<p style=\"text-align: left;\">I&#8217;m still hanging onto Alteryx, which is climbing back, ever so slowly. I&#8217;ve listened to its conference call and studied the company. I believe it will climb back. Here&#8217;s year to date.<\/p>\n<p style=\"text-align: left;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-51539\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2020\/08\/ayxytd.jpg\" alt=\"\" width=\"595\" height=\"298\" \/><\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>More ransomware<\/strong><\/span><\/p>\n<p style=\"text-align: left;\">If you buy something, don&#8217;t let the vendor store your credit card.<\/p>\n<p style=\"text-align: left;\">News:<\/p>\n<p style=\"text-align: left;\">Carnival says ransomware hackers were able to access personal data of cruise ship guests and workers. The cruise operator said it had launched an investigation into a ransomware attack on one of its brand&#8217;s IT systems.<\/p>\n<p>I wrote recently how to protect yourself from ransomware. Most importantly, don&#8217;t open attachments to email &#8212; even if they&#8217;re from your boss or your best friend. Call and check.<\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>Rats Nest investing<\/strong><\/span><\/p>\n<p style=\"text-align: left;\">You can now buy nursing homes cheap. I kid you not. They have &#8220;a little hair&#8221; on them. But nothing that a serious\u00a0real estate investor couldn&#8217;t fix. I&#8217;m being inundated with investment opportunities in nursing and old age homes.<\/p>\n<p style=\"text-align: left;\">I think the best opportunity is a Ghost Buster service for nursing homes. You could charge by the ghost to be\u00a0removed. Some homes could be an annuity.<\/p>\n<p style=\"text-align: left;\">One email this morning:<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">Compelling demographics, advanced care technology, and the moratorium on market-crowding construction offer sizable benefits to investors and owners.<\/p>\n<p style=\"text-align: left;\">The &#8220;big&#8221; investment pitch is we&#8217;re all getting older &#8212; whatever your political persuasion.<\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>Steve Bannon is arrested. This is bizarre<\/strong><\/span><\/p>\n<p style=\"text-align: left;\">As reported by The Week magazine:<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">Stephen Bannon, President Trump&#8217;s former chief strategist,\u00a0was arrested on Thursday\u00a0on fraud charges after he allegedly put money from an online fundraiser to build a wall along the southern border to personal use. More details are starting to emerge about Bannon&#8217;s arrest, including the fact that, according to\u00a0CBS News, he was &#8220;taken into custody by agents from the U.S. Postal Service.&#8221;<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">This bizarre development comes amid an ongoing battle over controversial changes to the Postal Service, and the United States Postal Inspection Service, the USPS&#8217;\u00a0law enforcement arm, assisted in the investigation that led to Bannon&#8217;s indictment,\u00a0according to CNBC.<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">Making things even wilder, as\u00a0CNN&#8217;s Kaitlan Collins reports, Bannon was arrested by these Postal Service agents &#8220;on a boat Thursday morning off the Eastern coast of Connecticut,&#8221; which he had been on &#8220;for the last several weeks&#8221; while telling people he was &#8220;at sea.&#8221;\u00a0The Washington Post\u00a0adds\u00a0that it was &#8220;someone else&#8217;s 150-foot yacht&#8221; that Bannon was on when he was arrested.<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">But wait, there&#8217;s more:\u00a0according to\u00a0The New York Times&#8217; Evan Hill, the indictment mentions that one of the defendants used allegedly defrauded money to buy a boat \u2014\u00a0apparently the same boat\u00a0defendant Brian Kolfage used in a Fourth of July Trump boat parade.<\/p>\n<p style=\"text-align: left;\">If you&#8217;d like to read the indictment, click here:\u00a0<a href=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2020\/08\/u.s._v._brian_kolfage_stephen_bannon_et_al._indictment_20-cr-412_0.pdf\">u.s._v._brian_kolfage_stephen_bannon_et_al._indictment_20-cr-412_0<\/a><\/p>\n<p style=\"text-align: left;\">Here&#8217;s a link to the impressive recent Trump Boat rally:<\/p>\n<p><iframe loading=\"lazy\" width=\"690\" height=\"388\" src=\"https:\/\/www.youtube.com\/embed\/_2DZG-XlTe0?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><\/iframe><\/p>\n<p style=\"text-align: left;\">Rolling Stone ran an amazing photo of Steve:<\/p>\n<p style=\"text-align: left;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-51541\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2020\/08\/bannon-750x460.jpg\" alt=\"\" width=\"750\" height=\"460\" srcset=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2020\/08\/bannon-750x460.jpg 750w, https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2020\/08\/bannon-768x472.jpg 768w, https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2020\/08\/bannon.jpg 987w\" sizes=\"auto, (max-width: 750px) 100vw, 750px\" \/><\/p>\n<p>And Rolling Stone wrote:<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">The Justice Department&#8217;s indictment &#8211; which lays out the allegations against Bannon and his three associates &#8211; says Bannon pocketed more than $1 million of We Build the Wall&#8217;s donations through a nonprofit group he controlled, and used that money to &#8220;secretly pay&#8221; Kolfage, the face of We Build the Wall, and to cover &#8220;hundreds of thousands of dollars&#8221; in personal expenses.<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">Kolfage, who started the crowdfunding campaign, repeatedly told supporters he would &#8220;not take a penny in salary or compensation.&#8221; Instead, the indictment alleges, Kolfage used the money raised to pay for home renovations, a boat, a luxury SUV, a golf cart, jewelry, plastic surgery, taxes, and credit card debt.<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">Bannon, who publicly described We Build the Wall as a &#8220;volunteer organization,&#8221; and the two other members of the alleged scheme used the money funneled from We Build the Wall to bankroll an array of unrelated personal expenses, including &#8220;travel, hotels, consumer goods, and personal credit card debts,&#8221; the indictment states.<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">Kolfage was open with his associates about concealing their self-enrichment scheme from the hundreds of thousands of people who donated to We Build the Wall. The indictment quotes a text message that Kolfage sent to Badolato: &#8220;as far as [the public] know[s] no one is getting paid&#8221; and &#8220;[s]alaries will never be disclosed.&#8221;<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">The indictment says Bannon, Kolfage, and the two others concealed their alleged scam by routing their payments through a nonprofit group and a &#8220;shell company.&#8221; The Justice Department also alleges that Bannon and his associates used &#8220;fake invoices and sham `vendor&#8217; agreements&#8221; to make sure that the scheme to pay Kolfage, the head of We Build the Wall, remained &#8220;confidential&#8221; and on a &#8220;need to know&#8221; basis, according to a text message sent by Kolfage and cited in the indictment.<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">In October 2019, the indictment adds, Bannon, Kolfage, Badolato, and Shea allegedly learned from a &#8220;financial institution&#8221; that they might be under federal investigation. According to the indictment, they took &#8220;additional steps to conceal the fraudulent scheme&#8221; at that time. They began using encrypted messaging applications, and We Build the Wall&#8217;s website &#8220;was changed to remove any mention of the promise that Kolfage was not being compensated and to add a statement that he would be paid a salary starting in January 2020.&#8221;<\/p>\n<p style=\"text-align: left;\">The question on all our lips (mine too) is Why?\u00a0Why do something as dumb as this?<\/p>\n<p style=\"text-align: left;\"><strong style=\"color: #0000ff;\">Whatever happened to salesmanship?<\/strong><\/p>\n<p style=\"text-align: left;\">I closed CDs with three banks &#8212; Ally, Capital One and Marcus (Goldman Sachs).<\/p>\n<p style=\"text-align: left;\">Not one of the banks called or emailed to ask &#8220;Why?&#8221; or to sell me something else.<\/p>\n<p style=\"text-align: left;\">All three did send me emails telling me that my account was now closed!<\/p>\n<p style=\"text-align: left;\">Weird.<\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>Three ladders I now own<\/strong><\/span><\/p>\n<p style=\"text-align: left;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-51532\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2020\/08\/Three-ladders.jpg\" alt=\"\" width=\"250\" height=\"309\" \/><\/p>\n<p style=\"text-align: left;\">I have learned three things about ladder.<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">+ They come in different sizes. These are 5&#8242;, 6&#8242; and 8&#8242;. The most useful are 6&#8242; and 8&#8242;.<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">+ Don&#8217;t ever order them online. They&#8217;ll come destroyed.<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">+ Online is much more expensive than walking into a shop and buying one. Like half price. I kid you not.<\/p>\n<p style=\"text-align: left;\">A good ladder is a perfect investment. Susan likes it when I change the lights and get them all working. This is worth a 1.23% gain in a stock.<\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>This is all the way from Western Australia.<\/strong> <\/span><\/p>\n<p style=\"text-align: left;\">It features the West Australian Symphony. You\u2019ll love it. Play it for the kids. They\u2019ll love the music. It\u2019s Gilbert and Sullivan. They can sing-a-long.<\/p>\n<div style=\"width: 576px;\" class=\"wp-video\"><!--[if lt IE 9]><script>document.createElement('video');<\/script><![endif]-->\n<video class=\"wp-video-shortcode\" id=\"video-51522-1\" width=\"576\" height=\"320\" preload=\"metadata\" controls=\"controls\"><source type=\"video\/mp4\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2020\/08\/Covid-Gilbert-and-Sullivan.mp4?_=1\" \/><a href=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2020\/08\/Covid-Gilbert-and-Sullivan.mp4\">https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2020\/08\/Covid-Gilbert-and-Sullivan.mp4<\/a><\/video><\/div>\n<p style=\"text-align: left;\">This is also from Australia. The bird is an Australian magpie, known in Australia for being aggressively nasty. Not this one, however. This one is a joy.<\/p>\n<div style=\"width: 400px;\" class=\"wp-video\"><video class=\"wp-video-shortcode\" id=\"video-51522-2\" width=\"400\" height=\"400\" preload=\"metadata\" controls=\"controls\"><source type=\"video\/mp4\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2020\/08\/Magpie-bird.mp4?_=2\" \/><a href=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2020\/08\/Magpie-bird.mp4\">https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2020\/08\/Magpie-bird.mp4<\/a><\/video><\/div>\n<p style=\"text-align: left;\">We played our 159th consecutive game of tennis this morning. My shoulder hurts.<\/p>\n<p style=\"text-align: left;\">See you tomorrow, when we&#8217;ll play our 160th game and hear the latest Federal unemployment stats, which will be awful. &#8212; <em>Harry Newton<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>I recent days I&#8217;ve bought more Zoom, Square, Livongo, Chipotle, Apple, Qualcomm, Danaher, Generac and Roku. I sold Gilead. I&#8217;m no good with covid gambles. I&#8217;m still hanging onto Alteryx, which is climbing back, ever so slowly. I&#8217;ve listened to its conference call and studied the company. I believe it will climb back. Here&#8217;s year [&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-51522","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts\/51522","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=51522"}],"version-history":[{"count":15,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts\/51522\/revisions"}],"predecessor-version":[{"id":51544,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts\/51522\/revisions\/51544"}],"wp:attachment":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=51522"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=51522"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=51522"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}