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Obama Forces Innocent Man to Sponsor Heinous Act

I make it a practice to go out of my way to meet interesting people. And on Friday I had lunch with one such person: William J. Olson, a lawyer and expert on the U.S. Constitution. Today, I’d like to share with you some of the nuggets I learned from him. Olson’s firm has filed...

Powerful Insider Issues Warning to Growth Investors

Powerful Insider Issues Warning to Growth Investors

“Go where there’s growth.” It’s a mantra so simple that even novice investors immediately understand it. Why? Because it makes perfect sense that companies operating in growing markets and increasing sales and profits can’t help but see their share prices rise. I mean, why else does a company go into business? To grow, grow and...

An Insidious Currency Even Scarier Than Bitcoin?

I’m serving up answers to three key questions (and a tad more) in this week’s Friday Charts edition: What could Bitcoin and the Chinese yuan possibly have in common? Have hedge fund managers lost their mojo forever? Was earnings season really that good? Since it’s Friday, I’ll let the pictures do most of the talking....

The Exact Date for Bitcoin's Final Crash to $0.00

The Exact Date for Bitcoin’s Final Crash to $0.00

I pity the fool who didn’t listen. Ever since May 2013, I’ve been warning against investing in the wannabe currency, Bitcoin. I called it nothing more than an “insidious currency scam.” Lo and behold, one of the most prominent Bitcoin exchanges, Mt. Gox, disappeared this week. Like a thief in the night, it moved offices,...

Silicon Valley's Tech Bomb Hatches Army of "Zombies"

Silicon Valley’s Tech Bomb Hatches Army of “Zombies”

The purpose of Silicon Valley couldn’t be more straightforward… Breed amazing and irresistible technologies that captivate the masses – and ultimately garner absurd public valuations. The latest example is text messaging service, WhatsApp, which Facebook (FB) is purchasing for a whopping $19 billion. What’s different this time, however, is that even Silicon Valley insiders are...

Blackstone Introduces Weapon of Mass Destruction

Blackstone Introduces Weapon of Mass Destruction

Turns out the whiz kids in Silicon Valley aren’t the only ones playing with funny money these days. So are mom-and-pop Americans. In the same week that Facebook (FB) plunked down $12 billion in stock to buy WhatsApp, the latest report from the Federal Reserve Bank of New York revealed that U.S. consumers don’t mind...

California Calls a State of Emergency

California Calls a State of Emergency

For the first time in history, California’s State Water Project – the main water distribution system in the Golden State – is unable to provide water to local agencies, including farmers. And now, 17 communities in California are on the verge of running out of water. Is it any wonder? California’s population of 40 million...

Clerical Error Awards Every Employee $345 Million

Clerical Error Awards Every Employee $345 Million

“Markets can remain irrational a lot longer than you and I can remain solvent.” So said John Maynard Keynes, the famous British economist. And right now, irrationality certainly reigns in Silicon Valley. So much so, in fact, that I’m officially renaming it “Silly Valley.” Because that’s the only way to characterize the valuations being paid....

Investing in the Technology Sector

Why Warren Buffett Might Sue Me Tomorrow

It’s far better to buy a good company in a great sector than a great company in a bad sector. In other words, invest in companies with tailwinds, not headwinds. That way, even if your investment thesis isn’t spot on, you still stand to make money. Sounds like a Warren Buffett maxim, I know. But...

Road to Sochi Slicked With Oil

Road to Sochi Slicked With Oil

The road to Sochi, home of the 2014 Winter Olympics, is slicked with the good intentions and checkbook receipts of Russian oil and energy giants. Along with other state-owned companies close to Putin, energy companies like Gazprom (OGZPY) and Rosneft (RNFTF) have left their mark on this historic event by contributing, in a big way,...