Here is the latest conversation I had with money manager Andrew Horowitz…. new insights for anyone who invests in anything. We discuss retail numbers and FACEBOOK!
Click here for non-Flash version.click ► to listen:
Right click here and select ‘Save Link As…’ to download the mp3 file.
Click here for non-Flash version.click ► to listen:
Right click here and select ‘Save Link As…’ to download the mp3 file.
I’m still waiting for the report card on how accurate Horowitz’s previous prognostications have panned out.
He traditionally is Mr. DurmUndStrang, yet my water faucet still pours out clean H2O. I don’t get it.
A couple of corrections:
– Activision is the one who bought Blizzard few years back, not the other way around
– Diablo 3 is not a WoW expansion, but it’s a completely different game
I’m not seeing reasons to think the world economy is doing at all well yet people are pulling out of gold and silver and putting their wealth into green stained cotton paper? Even Soros is picking up gold.
At some point John is going to be right about the Iphone. He isn’t the only person that has made that observation. Several people have noted they aren’t the coolest phone around in their view.
The mac is also getting hit by malware when the reason many people were purchasing them was that they were ‘safe’. No they aren’t getting targeted as much as Windows machines but they are being targeted.
The touch tablet market is starting to fragment as well. A lot of people are finding that a Kindle Fire meets their needs for a lot less money.
Apple shares may be overvalued and profit taking may have been the smart thing to do. Apple doesn’t pay much of a dividend so the pay off for owning Apple shares has to be the increase in share value…When Apple shares aren’t going up it makes owning them much less attractive.
The problem with the economy is that wages aren’t going up. Can’t have inflation without higher wages!!!!!! Need higher wages now!!!