The troubles in Cyprus may seem remote to many investors, and involve a small nation whose economy is not terribly influential to many businesses in other parts of the world, but the events unfolding there should be clearly understood by all participants in the "modern economy," no matter the level in which they participate in said economy.
The...
Thursday, March 21, 2013
ORCL earnings miss
Equity markets today are reacting negatively to an earnings miss from Oracle, seen as a bellwether for enterprise IT spending.*
While we are not shareholders of Oracle, we do invest in many other technology companies (see discussions in previous posts here and here for example), and we believe that the same tidal wave of increased...
Monday, March 04, 2013
"I figured I was the only one who knew the truth."
Legendary basketball center and power forward Moses Malone, who played in both the ABA and the NBA (he was the MVP of the NBA three times, including twice in a row in the '81-'82 and '82-'83 seasons) once said:
I didn't pay attention to the things people said about me. ...
