Sunday, May 19, 2013

Star Trek Investing - Avoiding the Red Shirts of Doom

One of the great things about writing for The Motley Fool -- and there are plenty of great things -- is that you are encouraged to frame content in a timely manner.

Let's take this weekend's debut of Star Trek Into Darkness. From an investment perspective, naturally one can approach it from the studio and merchandising angles. However, I chose to take a popular nugget and turn it into an investment article.

One common observation is that folks donning the red shirts when they get beamed down along with Kirk and other crew members are easy targets. They die. How could I turn that into an investing article? Well, how about retailers that are destined to die. These are the retailers wearing the red shirts. It was a fun article to write. They all are.

I'm sure I'll get some heat from shareholders of the four retailers that I did single out, but you can't always live long and prosper.

Wednesday, April 17, 2013

Which Stock Could Hit $1K First?

I was on CNBC last month, arguing that Apple (Nasdaq: AAPL), priceline.com (Nasdaq: PCLN), and even Baidu (Nasdaq: BIDU) could hit $1,000 before Google (Nasdaq: GOOG).

You can see the CNBC video -- it was my fifth time on CNBC (I have also been on CNBC Asia another half-dozen times) -- but I'm bringing it back today because I was proud of the call at the time. I was on the air just minutes after Apple hit a fresh 52-week low of $419, and I figured I had not only nailed the bottom on the consumer tech giant, but I had done so before a global TV audience!

Well, it wasn't to be. As of this morning, Apple has fallen below $419.

Now, the actual thesis of the CNBC video is still intact. Google hasn't hit $1,000. It may very well be Apple, Priceline, or Baidu that gets there first. However, with Apple and Baidu going on to make new lows after my stint on CNBC's Fast Money it's starting to seem as if Priceline is now my sturdiest horse to make it to that $1k finish line ahead of Google.

Tuesday, January 15, 2013

The Day Jeff Bezos Made My Day

As a financial journalist -- a tech tracker at that -- it's flattering to know that the tastemakers are reading your stuff. It shows that you're not just stringing words together for your own amusement.

Well, in late 2011, Amazon.com (Nasdaq: AMZN) CEO Jeff Bezos read something that I had written a few years earlier. He didn't just read it to himself. He belted out a quote of mine before a live-streamed press conference attended by the country's most prolific tech writers and bloggers.

"The Kindle is here, but it may as well be kindling," he read, as my very words blasted in a projection behind him.

The Kindle is here! It may as well be kindling!

Wait. What? Bezos had singled out five negative passages written when the original Kindle e-reader was introduced in the fall of 2007. I made the cut, in a Fool.com article where I called the device a $400 paperweight.

Bezos was kind enough to leave the authorship attributions out of the five scathing Kindle articles, but The New York Times' David Streitfeld contacted me for an article he wrote shortly after the press conference that introduced the Kindle Fire tablet and even cheaper Kindle e-readers. He uncovered all five writers.

I wouldn't have minded if Bezos had actually divulged my name at the time. It would have still been an honor. I also still stand behind a lot I wrote in that original 2007 piece.

"Priced too high. Out too late."

That's what follows the opening quote that Bezos singled out, and isn't that what happened? The Kindle didn't start to gain traction until several price cuts -- and years -- passed. It was overpriced at $400, and the fact that it's selling for as much as 80% less these days while the iPad hasn't budged is telling.

One day I hope that Bezos quotes me for saying flattering things. I would argue that 95% of what I have written about Amazon over the years is positive. Until then, for a brief splinter of time, at least I was noticed by one of the true visionaries of tech.

Wednesday, December 12, 2012

Reportedly is Back!

After a few years of this blog going dormant, it's been revived on Blogger. Sorry, WordPress.