Digital Revolution

The hits, they just keep on coming... From the NYTimes today (in passing of course, heaven forbid we highlight and focus on how alarming the changed TARP Bailout has already become): "All told, the potential cost to the government of the latest bailout package comes to $2.25 trillion, triple the size of the original $700 billion rescue package, which centered on buying distressed assets from ... read more

I actually trademarked the term, "The Can't Stop the Revolution" a few years ago. And their inability to stop the revolution is the good news. Ultimately, there's no stopping the will of the people in this country and the innovation and prosperity built thereupon. Right now, there's just no easy answer, no easy solution, no easy way out of this. So many of the virtuous cycles of the recent ... read more

You'd think AC/DC just wrote this song about our current environment, no? Who made who? The people make it all happen. Not Wall Street. Not Paulson. Not Bush or Pelosi. And neither Obama nor McCain made you either. They can destroy you. They can't make you. Read the lyrics. Think about whether the intervention helps or hurts you. Who made you? AC/DC -- Who Made Who? The video ... read more

"Those who empower, win. Those who protect, lose." Yes, as I've explained before, that simple principle is all you need to know when it comes to investing in the trend to distribute the world’s information and entertainment content on the internet.  It was that very logic that propelled me to buy Google for me and my partners the day it came public and to sometimes short Yahoo and Time ... read more

The bad news is that, even in the face of all this International presence and pressure, the Chinese Communists have the gall to do this type of exclusionary crap (notice a recurring theme of parallel between my rants about Chinese communists and those about the Fed and the big banks and the Republicans and Democrats here...like today's exclusionary term?):

Olympic torch trick inflames hopeful ... read more

1. Forget the Gain, Remember the Pain 2. That’s what Bankruptcy Laws Are For! 3. Fallible People With Too Much Power That was a beautiful rally today and it felt great for most everybody. That said, do you remember how painful the last few sell offs have been? If you’ve been stressing over the recent collapse in the market, then you’re still too long. Sell some now while you ... read more

I've long recognized Google as the fastest growing company in the history of capitalism.  I owned the stock from the day it came public until I sold everything to focus on TV.  And Google's certainly blown away every other company on the planet when it comes to building value on the Internet. Indeed for a very long time I used to stay long Google and while shorting Yahoo: Battle of the ... read more

As I read the tragic Catch-22 Flip Its that surround how best to go after the Sudanese leadership that’s at minimum complacent of the atrocities going on in Darfur – if the international courts accuse him of war crimes then what’s he got to lose by being a war criminal until he gets caught vs. the alternative of doing nothing as hundreds of thousands die - I keep coming back to the only ... read more

Though I've been preaching caution for the last year or so after being a rather big bull during my hedge fund days since 2002, I want to drive home my oft-repeated point about the importance of picking great stocks and not just putting money into the broader markets. I like to focus on buying the best stocks possible, and then getting more aggressive or less (or even getting bearish as I did on ... read more

One of the themes of this blog and of Happy Hour that we covered extensively with Mort Zuckerman on our Wall Street block party last week is that investors should often just focus on the individual stocks and not the broader market. And indeed, I still maintain that caution is king as we now clearly are seeing the down part of the economic cycle. But I still see a stock or three, especially in ... read more