Posts tagged “finance”

BubbleWatch Alert #004Jun 28, 2007

Facebook apps are buying each other for $60k with no revenue, no business model, nothing. The bubble is on. I predicted a 24x revenue acquisition in September; Business.com is already tipping at that multiplier. Let's see if my timing is right too.

First, read this article in the Register to find out who Elliot Spitzer is. Then read his speech to...Dec 22, 2002

Elliot Spitzer gave a speech to stock analysts that said everything dot-com crash victims have been dying to scream at them for years. Deliberately offensive, ruthlessly direct, and full of damning details about analyst corruption. Read it.

In case you were wondering, my tooth still hurts. A lot. But probably not as much as this did...Oct 15, 2002

My tooth is killing me. Also: rotten.com is disturbing, UBS Warburg convinced me investment banking is morally bankrupt (they charge people to hide stock ownership, then charge others to reveal it), the weather is awful, and I'm trying out WinMX.

The Dow dropped an amusing 355 points yesterday. Raymond, Ed, Martin and basically everyone else...Sep 4, 2002

I know I shouldn't enjoy the Dow's 355-point drop, but I can't help it. It's like watching the Titanic sink. Horrible, yes, but you can't look away. Friends say I should care more about the economic fallout. They're probably right. But I'm still watching.

The Dow's been climbing for the past 3 days in a row -- triple-digit climbing, mind, none of this...Aug 9, 2002

WorldCom's already-record fraud just doubled to $7 billion. Whoops! The Dow's been climbing anyway, and Modern Humorist remains funny with new Muppet characters and Anna Nicole Smith content.

Ah, the Dow: my favourite spectator's sport. What will it do today? Will it plunge downwards again,...Jul 30, 2002

The Dow is my favorite spectator sport right now. Will it crash or rocket skyward today? Either way, the breathless financial coverage is pure entertainment. Also: check out Typorganism's ASCII art generator. Upload your face, see yourself in print.

Yeah, I know, two in one day. I'll stop soon, I promise. But I just had to point out the joy that...Jul 16, 2002

Two posts in one day -- sorry! Check out AllTooFlat.com, especially *A Brie History of Time* and the Google mirror. Also, the stock market's continuing slide looks eerily like 1929, and I'm worried history is about to repeat itself.

Hmm, maybe everybody spoke to soon about that economic recovery... the markets are in freefall....Jun 14, 2002

The so-called economic recovery looks shaky as markets freefall. A recovery built on borrowed money for cars and houses won't last. Consumers will crack just in time to torpedo my job prospects. Fanfuckingtastic.