Of all the recent IPOs this year, the one that caught my eye was Pandora. When Amazon went public in the mid 90’s, I remember commenting to a coworker that if I had the guts I would short Amazon, since anybody could build a website that sold books. Luckily, I didnt have the guts as […]
The growth of social networking on the internet has been very reminiscent of the internet bubble of 2001 – companies throwing money at social thinking that that’s the new economy. Linked-In IPO’d at amazing valuation, Groupon is soon to IPO at a what appears to be a high price, and some say Facebook will IPO […]
Interesting article hear on where Robert Shiller thinks housing prices will go. The article quotes “that a 10 percent to 25 percent slump in real home prices ‘wouldn’t surprise me at all,’ though he cautioned that was not a forecast.” Here is a link to the full article: http://www.reuters.com/article/2011/06/09/us-usa-housing-shiller-idUSTRE75839I20110609 In the video, Shiller mentions prices in […]
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Several people have asked me what I think of the market for the rest of the year. Like most people my opinion varies from day to day, a victim of the daily headlines. However, when I read this article on the historical parallel to 1937, it cause me to at least focus enough to come […]
Continue reading about Market prediction for the rest of the year