Greed and Capitalism

What kind of society isn't structured on greed? The problem of social organization is how to set up an arrangement under which greed will do the least harm; capitalism is that kind of a system.
- Milton Friedman

Thursday, February 27, 2014

Twitter Highlights


Microsoft Slips To 24th On Fortune’s Most Admired List, As…

Fortune today released its annual ranking of the world's most admired companies. Apple topped the charts yet again, but on the lower parts of the list something interesting happened: Microsoft fell…
 
  9m
Microsoft Slips To 24th On Fortune's Most Admired List, As Its Rivals Take Spots 1, 2 And 3   
 
 
 
 
 
 
 
 
 
 
 
 
  4m
CSA wants to change accredited investor rules 
 
 
 
A polar bear sighted by the Google Street View-outfitted tundra buggy.
(Credit: Google)
Polar bears may not have much use for pavement, but that didn't stop Google Maps' Street View from getting very up close and personal with the elusive Ursus maritimus.
 
 
 

Oil company under investigation for intimidation, threats in Virunga National Park project

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• February 27, 2014 • Comments (0)
Three countries and 600,00 people have publicly objected to Soco's operations in Virunga National Park. Creative Commons: Rand Snyder, 2010
Three countries and 600,00 people have publicly objected to Soco’s operations in Virunga National Park. Creative Commons: Rand Snyder, 2010
- See more at: http://tcktcktck.org/2014/02/oil-company-investigation-virunga-national-park-project/60725#sthash.vkDzhAiW.dpuf
 

Oil company under investigation for intimidation, threats in Virunga National Park project

 0  3 0
 
 0
• February 27, 2014 • Comments (0)
Three countries and 600,00 people have publicly objected to Soco's operations in Virunga National Park. Creative Commons: Rand Snyder, 2010
Three countries and 600,00 people have publicly objected to Soco’s operations in Virunga National Park. Creative Commons: Rand Snyder, 2010
- See more at: http://tcktcktck.org/2014/02/oil-company-investigation-virunga-national-park-project/60725#sthash.vkDzhAiW.dpuf
 
 
 
 
 
 
 
 
 

Wednesday, February 26, 2014

Daniel Kahneman, in conversation with Cass Sunstein


 

Daniel Kahneman, in conversation with Cass Sunstein

On February 3, 2014, Daniel Kahneman, Nobel Prize-winning author of Thinking, Fast and Slow, spoke with Cass Sunstein, Robert Walmsley University Professor in Spangler Auditorium at Harvard Business School.


Link


[H/T The Big Picture]

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Related link: Daniel Kahneman's interview with Michael Covel






LINK: http://youtu.be/NUvoEXGD7bE




Matthew Miller: In-depth Idea Presentation


 

Matthew Miller: In-depth Idea Presentation

Thanks to John and Oliver for opening this up to the public, and for hosting another great conference. My partner at Boyles Asset Management, Matt Miller, gave his presentation on Zicom Group (ASX: ZGL).

Link to video and presentation: Matthew Miller: In-depth Idea Presentation



Disclosure: I am a portfolio manager at Boyles Asset Management, LLC ("Boyles") and the fund managed by Boyles owns shares of stock in Zicom Group Ltd.  We may in the future buy or sell shares in the fund and are under no obligation to update our activities. This is for information purposes only and is not a recommendation to buy or sell a security. Please do your own research before making an investment decision.

Monday, February 24, 2014

Robert Shiller: Nobel Prize Winning Economist - Psychology in Markets




Published on Feb 21, 2014
 
Robert Shiller, recent winner of the Nobel Prize in Economic Sciences, a Yale professor and the co-creator of the Case-Shiller Home Price Indices discusses the importance of psychology in the markets and what it's telling him now.

WEALTHTRACK #1035 originally Broadcast February 21, 2014

Tuesday, February 18, 2014

Bilderberg Mettings

About Bilderberg

Founded in 1954, Bilderberg is an annual conference designed to foster dialogue between Europe and North America.

Every year, between 120-150 political leaders and experts from industry, finance, academia and the media are invited to take part in the conference. About two thirds of the participants come from Europe and the rest from North America; one third from politics and government and the rest from other fields.

The conference is a forum for informal, off-the-record discussions about megatrends and the major issues facing the world.

Thanks to the private nature of the conference, the participants are not bound by the conventions of office or by pre-agreed positions. As such, they can take time to listen, reflect and gather insights.

There is no detailed agenda, no resolutions are proposed, no votes are taken, and no policy statements are issued.

The 61st Bilderberg meeting will take place at the beginning of June 2013 in the UK.




 Link: http://bilderbergmeetings.org/index.html



Bilderberg Group

From Wikipedia, the free encyclopedia
Bilderberg Group
Bilderberg - Oosterbeek.jpg
Bilderberg Hotel in the Netherlands, name-giving location of the first conference in 1954
Formation 29 May 1954; 59 years ago
Membership ~150 invitees, smaller core group
Chairman of the Steering Committee Henri de Castries
Website www.bilderbergmeetings.org
The Bilderberg Group, Bilderberg conference, Bilderberg meetings or Bilderberg Club is an annual private conference of approximately 120 to 140 invited guests from North America and Europe, most of whom are people of influence.[1][2] About one-third are from government and politics, and two-thirds from finance, industry, labour, education and communications. 





 Link: http://en.wikipedia.org/wiki/Bilderberg_Group#cite_note-BBC_News_Magazine_2011-1



Saturday, February 15, 2014

Twitter to be covered by Value Line




Published on Feb 11, 2014
 
Following it's November 2013 IPO, Twitter's stock (TWTR) performed well - increasing almost 200%.

Recently, Twitter's stock has take a hit due to December-period financial results.

Future performance will be tied to growth in the user base.

While we anticipate strong top line gains over the next few years, new investors should remain cautious due to Twitter's current rich valuation.





Drone Industry

I can't get Drones and 3-D Printers out of my mind - one being a simple application of a toy and the other is so far out that it boggles the mind.  Where will these technologies take us?  The VC guys are circling or are they  cashing in with some new IPO's?

The hydrogen fuel cell came out of NASA so there is plenty of precedent for technologies developed by government agencies like the military going mainstream so why not drones? ...

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Assessing The Potential For A New Drone-Powered Economy




Feb. 5, 2014


http://static1.businessinsider.com/image/52e03e01ecad0430293255fe-960/globaldronesmarket.png
 BII

Not too long ago, when most people heard the word “drones,” they thought of unmanned military aircraft engaged in highly controversial clandestine operations. But when Jeff Bezos announced that Amazon was testing the idea of delivering packages via drones, he made drones with popular commercial application suddenly seem like a viable proposition. 
  We estimate that 12% of an estimated $98 billion in cumulative global spending on aerial drones over the next decade will be for commercial purposes.

While drones are unlikely to become a part of our daily lives in the immediate future,  they will soon begin taking on much larger roles for businesses and some individual consumers, from delivering groceries and e-commerce orders to revolutionizing private security, to changing the way farmers manage their crops — perhaps even aerial advertising. 

In a new report from BI Intelligence,

- we size the commercial and military drone market to estimate how big the drone industry could become, and which industries are most likely to see drones become part of their business model in the next few years.  

- We also look at what components industries, like GPS and sensors manufacturers, will be working to become drone-ready. And 

- we assess how drone development will proceed in light of stiff safety and privacy concerns and regulatory hurdles. 

Here are some of the issues and opportunities that will impact how the drone industry develops: 



The report goes into much more detail and can be accessed through the BI Insider.







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Disclosure: Jeff Bezos is an investor in Business Insider through his personal investment company Bezos Expeditions.


Jeffrey Preston "Jeff" Bezos   is an American Internet entrepreneur and investor.
He is a technology entrepreneur who has played a key role in the growth of e-commerce as the founder and CEO of Amazon.com, an online merchant of books and later of a wide variety of products.

Under his guidance, Amazon.com became the largest retailer on the World Wide Web and a top model for Internet sales.

In 2013, Bezos purchased The Washington Post newspaper.



Link:



Tuesday, February 11, 2014

Frackers: Billionaire Wildcatters







The Frackers: The Outrageous Inside Story of the New Billionaire Wildcatters
Gregory Zuckerman of the Wall Street Journal

Moderated by Joel Kurtzman of the Milken Institute

February 6, 2014
4:30 p.m.-6:00 p.m.
Santa Monica

For decades, they operated on the fringes of the energy industry. Now the unlikely wildcatters who perfected fracking have moved from the fringes to the forefront of a revolution that has turned the United States into the world's fastest-growing energy power.

At this Milken Institute Forum, Gregory Zuckerman, a senior writer for the Wall Street Journal and the author of "The Frackers: The Outrageous Inside Story of the New Billionaire Wildcatters," will tell the dramatic tale of the ambitious and headstrong wildcatters who were determined to tap the massive deposits of oil and gas that the industry's giants had dismissed as a waste of time.

Their success with hydraulic fracturing--known as fracking--through extremely dense shale has transformed the U.S. energy landscape. Once dependent on imported energy, the U.S. is expected to pass Saudi Arabia and Russia to become the world's largest oil producer. The wildcatters' success has transformed their personal lives as well. Like the Rockefellers and the Gettys before them, they're using their newfound wealth and power to influence politics, education, entertainment, sports, and many other fields. The revolution the frackers are responsible for has transformed the U.S. economy, raised environmental concerns, and upended global geopolitics. In some ways, their impact is just beginning.





  • License - Standard YouTube License






Book: The Frackers: The Outrageous Inside Story of the New Billionaire Wildcatters

Link: http://youtu.be/eWtkN44G9gM




Sunday, February 2, 2014

Super Bowl Commercials



A bear destroys a small-town general store in search of a snack with all-natural ingredients. The store is a wreck and the clerk is terrified, but at least the giant grizzly gets his Chobani yogurt.




Link: http://money.cnn.com/gallery/news/companies/2014/01/22/super-bowl-ads/6.htmlhttp://money.cnn.com/gallery/news/companies/2014/01/22/super-bowl-ads/6.html






Twelve legendary investors on what to do with your money now

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ROB MAGAZINE

Twelve legendary investors on what to do with your money now
  Jan 31
12 legendary investors on what to do with your money now  


In our fourth annual investing issue, we talk to 12 investors, from Bay Street to Wall Street to Silicon Valley, about how to make money now, their worst moves, best advice and favourite reads—plus a few dire warnings and sunny predictions, too. Indeed, our 2014 crop of legends runs the gamut in terms of outlook. Peter Schiff—a.k.a. Dr. Doom, the guy who called the housing market crisis—is bracing for an even more catastrophic collapse of the U.S. economy than we saw in 2008. Meanwhile, famed Wharton School professor Jeremy Siegel, author of the “buy and hold bible,” Stocks for the Long Run, is counting on the Dow to gain as much as 15% in the coming year. The one thing they all agree on: Think long-term.










Link: www.theglobeandmail.com/report-on-business/rob-magazine/invest-like-a-legend/article16555294/?click=tglobe