{"id":56218,"date":"2021-11-10T10:57:32","date_gmt":"2021-11-10T15:57:32","guid":{"rendered":"https:\/\/www.technologyinvestor.com\/?p=56218"},"modified":"2021-11-10T10:57:32","modified_gmt":"2021-11-10T15:57:32","slug":"mist-and-leaves-in-the-air-paypal-is-a-huge-bargain-why-apple-is-such-a-great-camera-company-stress-how-to-solve-it","status":"publish","type":"post","link":"https:\/\/www.technologyinvestor.com\/?p=56218","title":{"rendered":"Mist and leaves in the air. PayPal is a huge bargain. Why Apple is such a great camera company. Stress, how to solve it (?)"},"content":{"rendered":"<p style=\"text-align: left;\">There&#8217;s\u00a0 mist in the air. A slight breeze. The autumn leaves are floating down. It&#8217;s Fall. A precious time of the year. I drive slowly. I let the leaves brush my windscreen. I stop in a forest on a back road and savor it. It&#8217;s a magic moment.<\/p>\n<p style=\"text-align: left;\">WMHT is playing Beethoven. The announcer is waxing lyrically on how classical music allowed her to survive the Pandemic. She&#8217;s right. I listen to them every day. They play Mozart and Bach.<\/p>\n<p style=\"text-align: left;\">Tennis this morning was wonderfully exhausting. I hit some nice down-the-line backhands and lost gracefully (I think I lost gracefully).<\/p>\n<p style=\"text-align: left;\">This stuff alleviates stress. Many of my friends have high stress. It shows up in weird ailments that seem only to get worse as my friends age. I wish I could help. I think it&#8217;s part of their essence.<\/p>\n<p style=\"text-align: left;\">My favorite stress story:<\/p>\n<p style=\"text-align: left;\">In the middle of 1996 my partner in our technology publishing industry, Gerry Friesen, said he wanted to sell the business because it was causing him stress.<\/p>\n<p style=\"text-align: left;\">A year or so later in September 1997, we sold the business. He retired to California to play golf and do whatever else they do out in California.<\/p>\n<p style=\"text-align: left;\">A year or two later, I asked him how the stress was going? He looked at me with a twinkle and said he still had stress.<\/p>\n<p style=\"text-align: left;\">I asked what could be causing his stress since we no longer had the business to worry about.<\/p>\n<p style=\"text-align: left;\">He answered &#8220;Golf.&#8221;<\/p>\n<p style=\"text-align: left;\">I nodded. I know how stressful golf can be.<\/p>\n<p style=\"text-align: left;\">I don&#8217;t have any solutions. I know what seems to work for me &#8212; daily tennis, lunchtime naps, learning to not get crazed if my stocks drop (like today) and being careful and conservative what I invest in. I don&#8217;t pay much attention to things I can&#8217;t control (or at least affect). I have a piece on that coming.<\/p>\n<p style=\"text-align: left;\">Today, it&#8217;s hard to look at my portfolio and say, &#8220;Wow, look at that, I&#8217;m losing the value of a nice house.&#8221;<\/p>\n<p style=\"text-align: left;\">Then I console myself, I didn&#8217;t want another house, anyway.<\/p>\n<p style=\"text-align: left;\">Yesterday I played tennis twice. And this morning once. It&#8217;s almost time for my noon nappy pooh.<\/p>\n<p style=\"text-align: left;\">There&#8217;s an ironic end to Gerry&#8217;s stress and the sale of our business. Within two years, the Internet came along and ate the paper publishing and in-person convention business\u00a0 we had sold for a handsome amount. Had Gerry not had stress, we probably wouldn&#8217;t have any money, either. But he would still have stress.<\/p>\n<p style=\"text-align: left;\">It&#8217;s a funny world.<\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>PayPal looks like the greatest bargain.\u00a0<\/strong><\/span><\/p>\n<p style=\"text-align: left;\">To my tiny brain, at its now much-lower price, PayPal looks like the greatest bargain. Tell me how many other fast-growing technology companies can report this:<\/p>\n<p style=\"text-align: left;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-56229\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2021\/11\/pqypql-1-800x420.jpg\" alt=\"\" width=\"800\" height=\"420\" srcset=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2021\/11\/pqypql-1.jpg 800w, https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2021\/11\/pqypql-1-768x403.jpg 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/p>\n<p style=\"text-align: left;\">How many other fintech companies would not give their eye-teeth for this deal:<\/p>\n<p style=\"text-align: left;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-56230\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2021\/11\/venmo-800x495.jpg\" alt=\"\" width=\"800\" height=\"495\" srcset=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2021\/11\/venmo-800x495.jpg 800w, https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2021\/11\/venmo-768x475.jpg 768w, https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2021\/11\/venmo.jpg 923w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/p>\n<p style=\"text-align: left;\">So what happened? Here&#8217;s the way CNBC reported it when they first saw PayPal&#8217;s third quarter results:<\/p>\n<p style=\"padding-left: 30px; text-align: left;\"><a href=\"https:\/\/www.cnbc.com\/quotes\/PYPL\">+ PayPal<\/a>\u00a0(PYPL) \u2014 PayPal shares fell more than 4% premarket after the digital payments company reported\u00a0<a href=\"https:\/\/www.cnbc.com\/2021\/11\/08\/paypal-pypl-earnings-q3-2021.html\">quarterly results<\/a>. The company\u2019s revenue of $6.18 billion fell short of the Refinitiv consensus estimate of $6.23 billion. PayPal also issued a fourth-quarter forecast that fell short of analysts\u2019 expectations and provided disappointing guidance for next year.<\/p>\n<p style=\"text-align: left;\">I don&#8217;t know who Refinitiv is. I frankly don&#8217;t care.<\/p>\n<p style=\"text-align: left;\">PayPal&#8217;s third quarter results didn&#8217;t disappoint me. I listened to PayPal&#8217;s conference call and I read the accompanying deck. Furthermore, anything and everything I buy online I buy through PayPal. I couldn&#8217;t be happier.<\/p>\n<p style=\"text-align: left;\">Most happiness: After enjoying their cheap trial, I used PayPal to cancel me the now-expensive subscription to a service I now found valueless. Yipee, it worked.<\/p>\n<p style=\"text-align: left;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-56232\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2021\/11\/peacock-cancel.jpg\" alt=\"\" width=\"576\" height=\"400\" \/><\/p>\n<p style=\"text-align: left;\">I haven&#8217;t sold a single PayPal share. If it gets any cheaper, I&#8217;ll buy some more. Today, however, it&#8217;s up a little. Maybe this is the bottom?<\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>So how good is Apple at photography?<\/strong><\/span><\/p>\n<p style=\"text-align: left;\">The answer will blow you away.<\/p>\n<p style=\"text-align: left;\">Here&#8217;s a picture that I just took with my beautiful Canon G5X:<\/p>\n<p style=\"text-align: left;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-56219\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2021\/11\/Canon-PIllows-800x533.jpg\" alt=\"\" width=\"800\" height=\"533\" srcset=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2021\/11\/Canon-PIllows.jpg 800w, https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2021\/11\/Canon-PIllows-768x512.jpg 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><br \/>\nHere&#8217;s a picture I just took with my new, beautiful iPhone 13 Pro Max.<\/p>\n<p style=\"text-align: left;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-56220\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2021\/11\/Pillows-with-iphone-800x450.jpg\" alt=\"\" width=\"800\" height=\"450\" srcset=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2021\/11\/Pillows-with-iphone.jpg 800w, https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2021\/11\/Pillows-with-iphone-768x432.jpg 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/p>\n<p style=\"text-align: left;\">By applying my best Photoshop skills to the Canon photo, I got it to.<\/p>\n<p style=\"text-align: left;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-56221\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2021\/11\/Canon-PIllows-1-800x533.jpg\" alt=\"\" width=\"800\" height=\"533\" srcset=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2021\/11\/Canon-PIllows-1.jpg 800w, https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2021\/11\/Canon-PIllows-1-768x512.jpg 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/p>\n<p style=\"text-align: left;\">It&#8217;s still crap compared to what Apple produced &#8212; no Photoshop &#8212;\u00a0 just straight out of the iPhone.<\/p>\n<p style=\"text-align: left;\">Now you know why Apple is my largest holding. Also Warren Buffett&#8217;s.<\/p>\n<p style=\"text-align: left;\">I did this test because I&#8217;m going to a wedding this weekend. I used to be a wedding photographer. I&#8217;m good at it. In those days, I shot in Kodak Tri-X, which is a black and white film you can do wonders with in a darkroom. I started to write &#8220;you can&#8217;t do that with an iPhone.&#8221; Then I thought, &#8220;maybe I can? So I did this in Photoshop. I still think Tri-X is better and it&#8217;s still available! I&#8217;m tempted to buy some real film for this weekend.<\/p>\n<p style=\"text-align: left;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-56233\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2021\/11\/Pillows-with-iphone-bandw-800x450.jpg\" alt=\"\" width=\"800\" height=\"450\" srcset=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2021\/11\/Pillows-with-iphone-bandw.jpg 800w, https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2021\/11\/Pillows-with-iphone-bandw-768x432.jpg 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><b>My small holdings<\/b><\/span><\/p>\n<p style=\"text-align: left;\">My Ford is up 51%. My GE is up 4%. My EL is up 3%.<\/p>\n<p style=\"text-align: left;\">I bought some KIND because I liked the nonsense the CEO\u00a0 spouted to Cramer and his resulting enthusiasm. He is so easy to pump. I originally thought KIND would be a great competitor to Facebook. But I was wrong. They&#8217;re not a Facebook. They&#8217;re a &#8220;find me a local plumber&#8221; app. Not one that likes or doesn&#8217;t like Trump. Just a simple fellow who can fix my\u00a0 leak.<\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>Something about ownership<\/strong><\/span><\/p>\n<p style=\"text-align: left;\">A pretty girl is standing next to a fence, watching a bull mate with a cow in the field.<\/p>\n<p style=\"text-align: left;\">The farmer comes up and leers at her, &#8220;Look at what that bull is doing to that cow, that is what I would like to be doing right now!&#8221;<\/p>\n<p style=\"text-align: left;\">And she replies, &#8220;Well why don&#8217;t you, it&#8217;s your cow.&#8221;<\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>Today<\/strong><\/span><\/p>\n<p style=\"text-align: left;\">Sincerest congratulations To Francis Greenburger whose wonderful Art Pavilions at Chatham project was unanimously approved by the Chatham Planning Board last night.<\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>Tomorrow<\/strong><\/span><\/p>\n<p style=\"text-align: left;\">On a whim, I googled Stress Beds for Dogs. Here&#8217;s a tiny bit of what came up:<\/p>\n<p style=\"text-align: left;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-56240\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2021\/11\/stress-beds-800x215.jpg\" alt=\"\" width=\"800\" height=\"215\" srcset=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2021\/11\/stress-beds.jpg 800w, https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2021\/11\/stress-beds-768x206.jpg 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/p>\n<p style=\"text-align: left;\">I then google Stress Bed for Humans and found one for $3,100.\u00a0 It&#8217;s called a Pod Pro Mattress and looked like a normal bed to me.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-56241\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2021\/11\/bed.jpg\" alt=\"\" width=\"435\" height=\"277\" \/><\/p>\n<p style=\"text-align: left;\">My nap is calling. See you tomorrow, or so. &#8212; <em>Harry Newton<\/em><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>There&#8217;s\u00a0 mist in the air. A slight breeze. The autumn leaves are floating down. It&#8217;s Fall. A precious time of the year. I drive slowly. I let the leaves brush my windscreen. I stop in a forest on a back road and savor it. It&#8217;s a magic moment. WMHT is playing Beethoven. The announcer is [&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-56218","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts\/56218","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=56218"}],"version-history":[{"count":10,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts\/56218\/revisions"}],"predecessor-version":[{"id":56242,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts\/56218\/revisions\/56242"}],"wp:attachment":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=56218"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=56218"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=56218"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}