Joe Ranft

Calling a Bottom Here

And what about dilution of the money supply? The US continues to print paper, so 12,000 for the DOW is now what it used to be.

Palm Brings Centro to Verizon Wireless

This is great news for PALM. I think the Centro is part of the reason AAPL lowered the price on the iPhone.

Thursday Options Outlook: XLF, LEH, BUD, CMI, TXN, CHK, KEY, FTO, BQI

It looks like the $65 options on BUD could still be a good bet. The stock is still just at $61.50.

Buffett Bets Big Against the Hedgies

I think in the end there are just a finite number of quality managers out there, whether managing hedge funds, or regular mutual funds, and there are probably more lucky managers, so when somebody thinks they are investing with quality, they are really just lucky, and eventually the luck runs out.