Our most recent previous post discusses the common view of monopolies, and we argued that companies are not really "monopolies" just because they dominate an industry (the way Google currently dominates search).*This statement may have raised some objections in some readers, who have been taught over and over that the above statement is pretty much...
Wednesday, February 24, 2010
How ironic -- Microsoft asks the EU to bring antitrust investigation against Google
Search giant Google is in the news today for two different stories*.One story has to do with the Italian government trying to hold the company responsible for a video posted on Google's YouTube website, but the more significant story from a business standpoint is the indication by the European Union that it is launching an anti-trust investigation...
Monday, February 22, 2010
Banker calls for a "new capitalism"
Today there is an interview on National Public Radio with British banker Stephen Green, chairman of giant international money center bank HSBC.In it, Mr. Green puts forth numerous assertions with which we would disagree as proponents of free-enterprise, including the idea that "markets are not reliably self-policing and you do need a government-supported...
Tuesday, February 16, 2010
Will "friend-casting" be as big as search for discovering information?
Here is a link to an interesting article that appeared recently in the San Francisco Chronicle.Entitled "Facebook directs more online users than Google," the article cites data illustrating that Facebook sends almost as much traffic to certain websites (and more in some cases) than search engines such as Google.*As with any research for investment...
Thursday, February 11, 2010
Have you heard of this company? TSCO
In the past, we've explained some of the fundamental tenets of the classic growth investment philosophy that we follow at Taylor Frigon Capital Management. To revisit those, see "The Classic Growth Stock Investment Philosophy" or the series entitled "Beautiful Growth Companies" (this is a link to part I, and below that post are links to parts II and...
Tuesday, February 09, 2010
Why can't we all just get along (on economic policy)?
The latest video (above) from Dan Mitchell of the Cato Institute reiterates the points made in a video that we posted and discussed back on January 15 of last year, when President Obama was still President-elect Obama and the market had yet to make its March lows, let alone recover.As Dan Mitchell says in this video, and as he explained in the previous...
Friday, February 05, 2010
Have you heard of this company? RMD
There are always plenty of events for investors to focus on that can easily distract them from the start of the day until its end -- big issues of politics, global events, market reversals, and fears about the next crisis (whatever that will be).However, a constant theme of our blog has and always will be that investing is really about matching up...
Wednesday, February 03, 2010
How your view of the crisis of 2008-2009 impacts your understanding of today's big issues
Here is a link to a very interesting interview of former Treasury Secretary Hank Paulson by economist Larry Kudlow.It is worth paying attention to, because it highlights the difference between major "belief systems" regarding what caused the 2008-2009 financial crisis, belief systems that play a crucial role today in shaping the different views on...
