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Rule of investing:
Oct 28 14:25 pm
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All Comments by Chris B »Microsoft Chugs Along, But Online Is Its Achilles' Heel [View article]
Never buy a company with an inferior or obsolete product.
This one rule could have ruled out investments in now-failing companies like GM, F, all newspapers, AOL, YHOO, and many more bottomless money pits.
MS Windows/Office/IE/Serv... is inherently insecure and commonly hacked because of the lack of file-level permissions. It is inherently bloated because of all the patches and security fixes required to remedy this. It costs an arm and a leg, yet competes with free and compatable open-source software such as Linux, OpenOffice, and Firefox on one end, and the reliable and secure Apple on the other end. MSN is best for entertainment news, and much like YHOO, lack's Google's search usefulness. Heck, even AOL has a website like that. MSNBC is so crappy that it always locks up my Internet Explorer browser! For MSFT to fix all of these problems, they would have to start from scratch with the fundamental design of the OS.
GM, like MSFT, has a few billion in cash. Nonetheless, they are both doomed by the poor products they produce, and are therefore poor investments.