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Deja Vu  

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  • More negative news ahead for Chicago Bridge on Vogtle project, analyst says [View news story]
    CBI reconfirms the numbers because they claim they will be paid. They aren't getting the payments for Vogtle, but they recogonize the revenues as if they will be paid for all the cost overruns and delays. They recogonize the revenues and the consequent earnings.

    However since the bills are not being paid, they have a teeny tiny cash flow problem...which is why the cash flows and earnings are diverging...
    Jun 26, 2015. 01:21 PM | 1 Like Like |Link to Comment
  • Don't Buy Diamonds [View article]

    I don't think a marriage proposal with a used Corolla instead of a diamond ring will excite the average woman...I'll check with the wife, but I think I know the answer on this one....

    Having a hard time visualizing the lady's face when she opens the little box to find a key for a used Corolla in it.

    I remember saying to the wife as we exited the diamond store. "$680!!! I regret paying so much for that diamond"

    She replied with a hard icy edge to her voice "You can have it back if you like..."
    Jun 26, 2015. 10:46 AM | 1 Like Like |Link to Comment
  • Don't Buy Diamonds [View article]
    Thank you Paulo. Great article. My wife wanted to "upgrade" her ring after a few years. She picked out a nice $10,000 1 carat +, E, vvs2 diamond. She then asked the jeweller if he would take her old diamond which we paid $2600 when I was a student (ouch!).

    He offered her $680 for the diamond. At that moment the scales fell from her eyes. She realized that the $10,000 diamond would be worth exactly $2500 the minute we walked out of the door of the store. We left without "upgrading".

    But alas, the lure of the diamond solitaire remains as strong as ever for women. Recently a bunch of my teenage daughter's friends were over at my house oohing and aahing over some ridiculous mail order catalog from a place called Blue Nile that featured engagement rings. The diamond industry will survive.

    (though I know the whole thing is a con, if some joker proposes to my daughter 10 years down the road, and doesn't even spend on a diamond ring, frankly he would be a cheapskate in my opinion and not worthy of consideration...)
    Jun 26, 2015. 09:32 AM | 4 Likes Like |Link to Comment
  • McNerney set to receive mega pension [View news story]
    Hitherto I strongly disliked the IAM , but suddenly I begin to feel sympathy for them...
    Jun 26, 2015. 08:16 AM | 3 Likes Like |Link to Comment
  • New Herbalife-bashing video surfaces [View news story]
    That stomping noise I heard last night that kept me awake...must have been Ackman doing "Riverdance" on prostate bodies of HLF bulls...
    Jun 26, 2015. 07:08 AM | 7 Likes Like |Link to Comment
  • China plunges deep into the red [View news story]
    Not to worry. They can always print enough yuan and loan them at zero interest rate to the banks, and the banks will use that cash to buy stocks, such that the market will have to go right back up...

    Does anyone get concerned when a hot air balloon loses altitude? They know they can start the burner and pump more hot air into the balloon and lift it right back up.

    His holiness Guru Bernanke has shown them the true path...

    slowly all the central banksters all across the world have realized that thier primary mission is not to contain inflation. Their primary mission is to inflate stock markets with a mixture of hydrogen and air. Because they now believe the explosion of hyperinflation cannot happen.
    Jun 26, 2015. 07:01 AM | 5 Likes Like |Link to Comment
  • Futures gain as Greek creditors issue ultimatum [View news story]
    I give ultimatums to my cat every day too.

    Don't rip the leather sofa or you will be kicked out and become an outside cat.

    Don't bring home another dead squirrel or I will make you an inside cat only.

    Strangely my cat seems to believe the cans of wet food will keep coming and he ignores my stern ultimatums....
    Jun 25, 2015. 09:24 AM | 7 Likes Like |Link to Comment
  • Report: Netflix to enter India in 2016 [View news story]
    Average internet speed among "broadband" in India is 2 mbps. "free" content available everywhere & also on sd cards or usb drives, loaded with the 25 recent movies and such like. for a throwaway price. General resistance to paying for content except the cable bill since the cable operator can physically remove the connection.

    This is Herbalife selling "diet" shakes in Ghana and Ethiopia all over again.
    Jun 25, 2015. 08:57 AM | 3 Likes Like |Link to Comment
  • Importance of video growing at Facebook [View news story]
    Importance of video is growing at Facebook. For Facebook...
    Jun 25, 2015. 08:03 AM | 3 Likes Like |Link to Comment
  • More negative news ahead for Chicago Bridge on Vogtle project, analyst says [View news story]
    Any of the commentators above who are slamming this analyst read the recent testimony starting June 2 at the Georgia PSC regarding Vogtle?
    Jun 24, 2015. 08:07 PM | Likes Like |Link to Comment
  • Piper hikes Facebook target to $120; shares rise [View news story]
    Guess I'm old fashioned. The the thought of strapping things on your face, or elsewhere on your body, for pleasure, just doesn't seem like a great idea, socially.
    Jun 22, 2015. 09:52 AM | 2 Likes Like |Link to Comment
  • Piper hikes Facebook target to $120; shares rise [View news story]
    Are there *really* that many girlfriendless geeks working for Best Buy and living in their parents' basements?
    Jun 22, 2015. 09:48 AM | 1 Like Like |Link to Comment
  • Apple caves on music streaming royalties [View news story]
    How would it be if a owner of a new restaurant told his suppliers that he would be giving away the food free for three months, as a marketing gimmick, and the suppliers would have to eat the cost?

    Won't fly, you think?
    Jun 22, 2015. 07:37 AM | 7 Likes Like |Link to Comment
  • Wall Street Breakfast: Chinese Shares Shout Mayday! [View article]

    one day spotting the dog tied up to a small fence while the panhandler was bothering someone else, I tried to pet the dog to make friends with it. It nearly snapped my fingers off.
    Jun 19, 2015. 02:52 PM | Likes Like |Link to Comment
  • SF Fed's Williams awaits higher inflation before rate hike [View news story]
    "Never in the field of human finances, was so much harm done to so many people, by so few. If the Fed were to last for a thousand years, men will still say this was their darkest hour"
    Jun 19, 2015. 02:03 PM | 5 Likes Like |Link to Comment