thku4grace

It's Official: Jerry Yang Has Won

The sad fact is for the long term, Yahoo is a great long term----- short play. In the next couple of months it may rebound back into the low 20's but there isn't anything that will get it back to 30. Short some now, and some more if it gets to 22 or so. The Internet is a very mature market but can be better monetized by those that can identify those types of opportunities. Sadly, Jerry Yang does not have that ability, at all. This might be an early call, but the die is cast. Yahoo is done.

Bill Gates: Rich Individuals Should Pay More Tax, Wealthy Corporations Less?

I would love to see a one-time tax levy of say 50% applied to net worth above lets say 40 billion. It should be put into the tax code on Dec 31, 2008 and be applicable to net worth as of Dec 31, 2008.