I bought Steve Jobs on the way back from my recent trip to India. Sick and dreading the impending long flight back to Los Angeles, I browsed in the bookstore at the airport and found this, which was on my to-be-bought book list. Earlier times I dodged at buying this book mainly because of price, […]
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The upshot: declining growth rates and declining ad sales per registered users. An interesting and intelligent take on Facebook growth and earnings (via Minionville). As you can see, the numbers, particularly in advertising (which accounts for 82% of total revenues), are falling quickly. Let’s hope that acceleration in payments revenue can start to pick up […]
You won’t hear on the nightly news headline. Enough said.
From fthebanks.com: There are two things every American needs to know about Bank of America. The first is that it’s corrupt. This bank has systematically defrauded almost everyone with whom it has a significant business relationship, cheating investors, insurers, homeowners, shareholders, depositors, and the state. It is a giant, raging hurricane of theft and fraud, […]
I have been following financial markets on and off lately. The size and length of the rally all over the world is a bit of a surprise, but not out of the ordinary. I was looking for some clues as to where things are headed in the short term. Usually credit markets lead stocks. Financials […]
Update on Saturday, Nov 5: CME issued a clarification to its Friday’s release. Zero Hedge deciphers again: The CME, it appears has taken a page right out of the European playbook, and less than a week after an exchange-cum-Primary Dealer collapsed due to excessive risk taking, the CME has followed up its vague press release […]
Jim Chanos is one of the few savvy observers of World economies and a successful hedge fund manager. He weighed in on China and Europen debt. The interview aired after the European leaders’ agreement on 50% haircut for Greek debt.
