Comments

Lets create something they want and sell it to them and move on to the next thing....

Posted by patrick at May 13, 2009 1:02 PM

LoveChirp #2

Cash is king - many of those companies are long buys whereas some others should be shorted. Today shows how radical this recession market is ... like dating beautiful women - not for the faint hearted.

Posted by LoveChirp at May 13, 2009 6:52 PM

YEAH, CHIRP – THE "LOVE" BIRD, SAYS…

"CASH IS KING!" BUT IT'S ALL ABOUT HOW THAT CASH IS GOTTEN TO THE DETRIMENT OF WHAT AND WHOM.

YEAH, LEGALLY SHORT AWAY THE ACTUAL LIVES, SAVINGS AND RETIREMENTS OF AVERAGE AMERICANS WHILE THEY GIVE BANKS BILLIONS IN BAILOUTS THAT YOU SHORT WHILE LIVING LARGE AND OUR BELOVED COUNTRY AND ITS AVERAGE PEOPLE SUFFER! PEOPLE THIS IS NOT LOVE OF COUNTRY! IT'S LOVE OF MONEY, POWER (FINANCIAL KINGS IN THEIR UNWHOLLY KINGDOMS) AND THE PURE GAME!!! THE WHOLE THING SEEMS LIKE A BIG RACKET!!!

I'VE BEEN READING THE LIKES OF JESSE LIVERMORE AND NICHOLAS DARVAS--BIG TIME OPPONENTS OF SHORTING STOCKS--FOR SOME TIME NOW AND FOLLOWING THE MARKETS CLOSELY! BACK THEN THERE WERE LESS PLAYERS. NOW THERE ARE WAY TOO MANY!!! JOHN BOGLE IS RIGHT ABOUT THE NECESSITY OF ETHICS IN THESE MATTERS AND THE NECESSITY OF INVESTING AND NOT MERELY SPECULATING! WE HAVE HAD WAY TOO MUCH OF THE LATTER!

YEAH, CHIRP. CASH MAY BE KING! BUT IT'S ALL ABOUT HOW THAT CASH IS GOTTEN TO THE DETRIMENT OF WHAT AND WHOM!

Posted by Judith Ellis at May 14, 2009 8:30 AM

LOVE IS THE MORE EXCELLENT WAY!

Posted by Judith Ellis at May 14, 2009 8:36 AM

"... like dating beautiful women - not for the faint hearted."

LoveChirp, that's an analogy that definitely resonates for me. Shout-out for my loving fiance', who sometimes shakes her head humorously at my "passion for excellence" in everything... at least until I remind her that she and I are together and will stick together because I don't settle for second best! :-)

Posted by Dan Gunter at May 14, 2009 9:14 AM

LOL Judith on the all caps. How to make free enterprise work. At one time our USA top tax bracket was 85%+ - go back to those days?

What if 5 years from now you have a $500k book sale but a 70% federal/state/local tax load makes you just $150k net - that doesn't change your life. 20% tax though nets you $400k - then you triple that in a vibrant equity/bond market & $1.2M it is. New money creation is going to difficult - old money making new is much easier - but new money is the future & we are in a world wide free enterprise battle now that takes no prisoners - i.e. the Soviets, er Russians say Arctic oil is theirs for the taking!

Posted by C Love at May 14, 2009 7:08 PM

"New money creation is going to difficult - old money making new is much easier - but new money is the future & we are in a world wide free enterprise battle now that takes no prisoners - i.e. the Soviets, er Russians say Arctic oil is theirs for the taking!"

I agree. But I also wonder if it is not a matter of how we look at such. The creation of money perhaps is not the emphasis. Service and products should be, i.e., engineering and design and how such are monetized in ways that are bound by ethics (which have been lacking BIG TIME, on Wall Street) and the rule of law is perhaps the greater emphasis.

Banks do not create products, services or wealth. They merely shuffle OPM, OTHER PEOPLE'S MONEY. It is a brave new world as you have described above, but an exciting one. Speaking of oil being there for the taking, I guess some believe that the Iraq war was based on this same principle. We need to be bound by ethics nationally and internationally.

Regarding the scenario you have presented above, I do not see anything inherently wrong with this value creation. I think our tax codes are by far too complicated. A simplification of our tax rules would be good. They are like the abundant of codes used in healthcare, including HIPPA regulations, designed to assist, but are often more cumbersome and create more hassles than many are worth. While I am for reasonable taxes for ALL citizens, many within the upper tax brackets are simply evading taxation through tax havens abroad and rules designed to be finagled.

You points above, C, are clearly made and without a single cap! :-)

Posted by Judith Ellis at May 14, 2009 8:53 PM

Maybe they need an outside adviser. In actual cases when dealing with large and sophisticated customers, I go into listening mode and question asking. Then I go into abundant research for great options. When I have some clear ideas, I consult with my customer informally (from midlevel managers to some members of the boards). They I make a synthesis, after a discernment process, and write the official proposal.

Posted by Andres Agostini (Andy) at May 23, 2009 10:56 PM