Morning Folks!!
There has only been one other movie I have ever touted. The Social Network. If you have not seen it, I am shocked because there is a DIRECT LINK to domaining and making a brand online. So the only word that comes to mind is "Dereliction". But you can easily fix it in SECONDS!
But this post is about "Jobs" which is the movie about Apple. Don't go see it to be entertained. Go to learn. One tidbit could be life changing. So I know what I will be doing on August 16th. I hope I learn just 10% of what "The Social Network" taught me. PRICELESS.
So if spotting opportunity is not your strong point, maybe being at the right place at the right time will help you understand.
Rick Schwartz
RaTHeaD
hmmmmm… i never thought charlie sheen could be replaced but walden schmidt is starting to grow on me. perhaps i will take your advice.
Kevin Davis
Can’t wait to learn alot from this edutainment.Have a great weekend Rick.
Jeff Schneider
Hello Rick,
The sole existance of the Banking Industry has been historically built on providing money to small businesses for Capital Market struture Growth.
Of late, their focus has been on derivatives trading, and that is counterproductive to GDP expansion. The Banks have to be reined in by the Fed. and this will happen next year.
Banks main purposes in the past, was for supplying liquidity for Capital Market expansion.
Banks need to be reined in and changed back to Capital Market Catalysts instead of Gambling Houses, whose foundation is a wall of mirrors.
Interest rates have to increase for this all to happen, and luckily this is starting to happen. Whats happening now is extremely productive.
Gratefully, Jeff Schneider (Contact Group) (Metal Tiger)
UFO
Jeff, I spend quite a bit of time with economists, getting nowhere mostly. But from personal experience, some lateral thought, education and advice it seems pretty much that increasing risks will always be taken by financial markets to the point where they collapse. Simply because anyone not taking sufficient risks will be sacked by shareholders and the worst that can happen for taking too many risks is you can lose your job.
It’s about that simple. Just play the volatility and hopefully avoid the outcome.
Nb: The Dow is in that 14400-14900 band I said back in Jan/Feb and I’m still prediciting 15200 by year end. By the end of 2014 North of 17000.
AlanR
I’ve been looking forward to seeing this movie ever since they announced that it would be made. Steve and I did have one thing in common and that is the same birthday (Feb. 24th) but I was 4 years older though. He died on my sisters birthday on Oct. 5th, 2011. If you have a Netflix account, there is a very interesting interview call, “The Lost Interview” that he did in 1995. Towards the end of the interview, I got chills when he gave his predictions of what was at that time, this new thing called the internet. Everything we are witnessing now were in his predictions. There are tons of his interviews on YouTube too. Another interesting movie that was made for TV is called, “Pirates of Silicon Valley” which is about how Apple and Microsoft got started. Noah Wyle played Steve Jobs.
Jeff Schneider
Hello UFO, We think everyone will err on the upside potential from here. The rotational correction we are experiencing could be 16200 easily by years end. Everyone is hungry for yield, and the set up is for higher markets by years end.
The biggest Institutional risk from here on out will be in bonds not stocks. JAS 6/24/13
Gratefully, Jeff Schneider (Contact Group) (Metal Tiger)