It this summer’s ultimate blockbuster. But we ain’t talking about Indiana Jones, Iron Man or Sex in the City. After months of speculation, hype and
Daily Archives: June 6, 2008
Stocks Tumble, Oil Soars as ‘Bernanke Put’ Fails to Boost Dollar, Lehman
A week of extraordinary developments in the financial markets ended with a decisive rout.The Dow Jones Industrial Average fell nearly 400 points, its biggest single-day drop since Feb. 27, 2007. The S&P tumbled 3.1% and the Nasdaq lost 3% Friday follo
Jeff Bezos: ‘The Best CEO on Wall Street,’ Says Fund Manager Howard Lindzon
Jeff Bezos is “the best CEO on Wall Street,” for having sacrificed the short-term in order to fulfill his long-term vision for the firm, says Howard Lindzon, a hedge fund manager, venture capitalist, and blogger.Amazon. …
‘Fade the Nerds’: Twitter Is Down, But Far From Out, Says Howard Lindzon
Twitter is “down for temporary maintenance” as I write this, an all too frequent occurrence for the micro blog site the technorati loves to hate. Twitter’s frequent (and seemingly increasing) technological difficulties are frustrating many
Fund Manager: Why $200 Oil Would Be a ‘Good’ Thing
“99% of investors need to focus less on the big picture and more on what their stocks are doing,” says fund manager Howard Lindzon.But Lindzon does have some thoughts about the “big picture,” particularly the endless debate about oil.
Is Silicon Valley Losing Its Edge?
There’s more talk these days about whether or not you need to be in the Valley to innovate. In the second part of my conversation with Jeff Clavier, founder and managing partner at SoftTech VC, we talk about whether geography really matters. …
Icahn to Yahoo Chair: You’re the Liar, Roy — and Here’s My Plan
From Silicon Alley Insider, June 6, 2008:Carl Icahn accuses Yahoo (YHOO) Chairman Roy Bostock of incompetence
and dishonesty. More importantly, for the first time, he provides
specific details about what he will do with Yahoo if he gains control
over i
Forget Scary Macro News: ‘Find Trends, Ride Them and Get Off!’
After soaring Thursday on stronger-than-expected May retail data, the market is slumping Friday on news of rising unemployment and another spike in oil prices. Meanwhile, inflationary pressures are building worldwide and
Lehman Deathwatch: Former CFO Says Some Clients Now Wary
From Clusterstock, June 6, 2008:If Lehman Brothers (LEH) goes the way of Bear Stearns, it will not
be because Lehman is facing a liquidity crisis but because of the perception that Lehman is facing a liquidity crisis. …