
Here is the 18th conversation New insights for anyone who invests in anything. What to do? This chat is presented as-is for anyone who wants to listen in. We discuss the problems with the market in general and Andrew finds fault with Apple and curiously it was downgraded today within 8 hours of our conversation. Maybe someone is listening in!
Podcast: Play in new window | Download (48.6MB)
glad I found it finally. I like the conversational nature of this podcast. Keep it up please…
waiting for the puss explosion. thanks guys, i really enjoy your talks.
I think you mean “pus explosion”. Puss is a much different word.
Perfect podcast, I like both of you.
I can’t wait for another episode, keep good work.
Some food for thought regarding the Stewart – Cramer fight:
Jim Cramer Shorting Stocks, Manipulating Markets, Saying The SEC Doesn’t Understand:
Couldnt embed… Here’s a link:
http://www.huffingtonpost.com/2009/03/11/jim-cramer-shorting-stock_n_173824.html
Regarding the wonder about how so many people are turning down positions in the Obama administration, maybe it’s the level to which they’re being vetted.
I don’t know the process for this, whether or not it would be done before being recommended for a post, but if it comes after, I could see people not wanting certain issues becoming public.
I think Dvorak (or maybe it was Leo Laporte) referred to the massive document you have to fill out just to work for them as a general employee. Imagine how much deeper they’d go for a higher up position.
Obama can’t really afford any major scandals, so maybe they’re going above and beyond what’s normally done to vet a potential appointee. And that’s turning people off.
How is shorting Apple working out for ya?
At the time of this podcast, I thought it unusual you were talking about shorting Apple when it had basically fallen so low in the first place. All the negatives you were talking about were already priced into the stock. Even Steve Jobs supposed death had basically pushed it down into the $80s. Shorting it there is like stating the company is going to go out of business or that the US is in such bad shape that we are going to be living like cavemen a year from now. Get a hold of your pessimism and see the big picture. You’ve been rewarded for your pessimism so far, but that doesn’t mean things won’t change the other way in a heartbeat. Step back and take note how far we have fallen.