Just a quick comment here on the dot, dot, dot…It’s superiority in communication when compared to the period (.) has become so apparent to me that I had to write a quick post about it…I love the fact that it allows one to be brief in his/her communications so as to say…I am on the go (perhaps writing from a mobile device) and I do not have time to make complete sentences or thoughts and so I will use the dot dot dot on you and get the business taken care of swiftly…I think the dot dot dot should make it’s way into our elementary schools as an accepted form of punctuation that’s taught to all.
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Fast Money
Fast Money, which airs nightly on CNBC, is the best financial TV program today. These guys are really good, the four of them together can definitely trump Jim Cramer. The regular contributors are each specialists in their own market sectors – retail, semi-conductions, oil and gas, commodities, and semi-conductors, to name a few. This show is a really nice source for finding companies that you should research further and fully investigate. Use it as a supplement to IBD to find your next hot investments. Start with a top level sector analysis and find a best of breed company with little to no debt and solid cash flows and revenue growth prospects.
12.22.09 UPDATE: I don’t watch the show since Dylan Ratigan and Jeff Macke left the program. It’s just not the same anymore.
It’s Been a Long Time…
Took a break from the blog here…but now I’m back. Just read an article in Maximun PC magazine about a wireless external storage device from Western Digital call the My Book World Edition II. This is what anyone with a vast amount of data files, mp3’s, photos, and/or videos has been waiting for. No more wires! It’s got a really cheap price tag for 1TB of storage. You can even raid the drive for insurance if you are concerned about drive failure. Say goodbye to buring DVD backups if you have not already done so.
Feds Extend Tax Deadline By Two Days…
If you were affected by a storm in the Northeast, the Feds extended your tax filing deadline by 2 days…That was a really nice gesture on their behalf. A credit for financial losses suffered by the storm or other natural dissasters would be even nicer, but we’ll take the 2 days.
Great Financial Times Article Today
A colleague of mine slipped a great Financial Times article under my door today. It talked about how 10K’s are so over bogged down with information that everyday investors are not sure what to take from these huge reports nor do they have the time to sift through all the accounting jargon contained in the reports. It has a great quote about how to analyze a company. “Cash is fact and everything else is opinion”. Which is certainly true when analyzing a company that’s growing at the same rate as the market (in my opinion this is anything in the 10% per year or less range and you can take that 10% to be revenues or net income, whichever you like). I am a firm believer in that the cash flow statement will tell you loud and clear if you have a viable sustainable entity on your hand or just a fad. However, fads are the place to catch the big market moves and if you desire to roll the dice and earn an above average annual return, you have to be willing to take on companies that have not have such great cash flow. But back to the point of all this. I think you can get just as much good information on a company from an analysts reports and Google Finance as you can from reading a dull confusing annual report and I tend to find my trendiest investments at IBD.
