FAQ: This BLOG

February 8, 2007

According to Webopedia.com, a blog (short for Weblog) is “a Web page that serves as a publicly-accessible personal journal for an individual. Typically updated daily or weekly, blogs often reflect the personality of the author.

The definition of blog is constantly evolving, though, as blogs move into the mainstream, shedding their image as the bastion of the self-obsessed who just have to self-express. Thousands of new blogs are being created every day, for all sorts of purposes. Rather than existing to catalog someone’s personal life, many blogs serve as discussion communities about particular issues.

Another definition may be: A blog is a regularly updated online journal of information and opinions. Anyway you want to look at it, the fact is that it is information brought to the reader that is usually opinionated and timely.

 

Blogs are Growing Chart

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Leave your emotional baggage behind

February 5, 2007

We all know that emotions are really important when it comes to investing BUT: what it was going on lately is rather ridiculous. Sure, earning season has been a bit choppy as companies have been coming out with excellent numbers (looking backwards) and below estimated numbers (looking forward); But we need to realize that much of this has been anticipated previously. The problem lies in the fact that much of the information that is distributed by publicly traded companies they still hard to understand even in the face of the transparency rules set forth by Regulation FD.

And what about Sarbanes Oxley? Isn’t it amazing how the requirements for full disclosure and shareholder protection have collided and essentially allowed for companies to continue to hide expenses and provide for extraordinary levels of compensation for their key executives? Why, in the name of Pete have we allowed for the bureaucracy to contaminate the free market system?

The name that comes to mind is Enron.

Yet at the same time we have to still wonder about Regulation FD

that the potential for the mistakes that were made by conniving executives in companies that were allowed to hide behind convoluted and complex balance sheets could still happen. It seems that this is much of the concern of investors each and every time new earnings release is announced. Just take as an example last week’s Google announcement. Read more

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