Here is the latest conversation I had with money manager Andrew Horowitz…. new insights for anyone who invests in anything. What to do? This chat is presented as-is for anyone who wants to listen in. Among other things, this week we talk about the weird earnings reports and the upswing.
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What is that a picture of?
Mississippie is ahead of California. Louisana is the only state behind California but I wouldn’t count on that lasting with the cuts in education California is making. California is bleeped.
As for the microsoft stores, one thing they could potentially push is Windows-7 “branded” pc components.
They have the majority of the store for xbox-related stuff, including gigantic plasma displays and gamer surround-sound “testers”. Then they have a pc section that has their banner software AND “Windows-7-certified” hardware from a few select vendors. These would be items that have had full driver approval and testing only.
They also could have a “support” area for people to come in and get questions answered up to a point — like networking issues, iptv and media center issues, etc.
Really depends on whether they actually have someone with a vision or if it’s just drone #3 saying that since apple stores have significant traffic that obviously stores are the way to go.
As for the healthcare bill, I agree they are trying to tackle way too much — however, the reality is that if they don’t get something started it will never happen. Once the system is activated and you see what works/doesn’t work, you can push to fix it. Right now though, if you don’t have insurance from a good company you can be bankrupted by being sick. And if you have no money, you become a burden on everyone else or you die.
Sounds like we’re fixing a suck-ass system to me.
Never underestimate your enemy. MS might pull something amazing out of their ass.
I hope not, they’ve done enough damage in their lifespan… But they have piles of cash and can try to buy cool.
Government health care bankrupts the whole country. People with no money and no insurance drive up the costs of those that pay out of pocket.
Commercial insurance is a great benefit because it forces providers to compete on price for service, they negotiate for you. My bills are lower than someone who pays out of pocket by 50%.
A couple of comments:
1. A full time investor does not know how many zeroes there are in a trillion? For the record its 12. To put it into perspective: http://www.chrismartenson.com/crashcourse/chapter-11-how-much-trillion
2. Horowitz goes on to say: “Is there a difference in digging up gold and using that as currency, versus just creating dollars and having it as a loan?”. He also goes on talking about owning gold is like hording water and how he would like leaves to have monetary value. The single most important aspect of gold is the fact that it is more or less FINITE IN NATURE. If you have a currency backed by gold (people didnt shave off gold to buy stuff), it is limiting the total money expansion. When the US dollar was backed by gold, prices stayed more or less stable for over 100 years. (zero inflation). Since the introduction of the Fed, the dollar have lost over 90% of the inital buying power.
Maybe you guys should invite guys like Jim Puplava or Peter Schiff on your show. Austrian economics could be a real eye-opener!
/POK
From the song at the podcast’s closing: “Now I’m not broke, but badly bent. I’m not down to my last cent. Cause I got a dollar, but it’s my last dollar bill.” Hey it’s great to have a dollar in one’s pocket. Hang onto that dollar if your going through the Windy City. In Chicago you may be arrested for vagrancy if you do not have at least one dollar bill on your person. Not sure if the ordinance is still on the books. Probably originated during the depression.
can anybody tell me who performs the closing song from dh unplugged?