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Richard Mackenzie

Richard Mackenzie
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  • Apple: Yes, Steve Jobs Was A Rule Breaker And A Great Leader [View article]
    I don't believe this re-hash of old news will have any effect on the stock, and I wonder why you are repeating this stuff along with an assertion that it probably will. You fail to state any reason why the stock should be affected, other than investor psychology, but don't state anything more detailed than that. I'm wondering if you kept a small portion of your AAPL stock after selling recently just so you could say you were long for this article. It reads more like someone trying to beat it down without any real ammo. I disagree with you on this one.
    May 5, 2014. 09:08 AM | 3 Likes Like |Link to Comment
  • Tesla: The Myth Of Zero Emissions And Why It's A Problem For Chinese Sales [View article]
    Josh, you seemed to spend quite a few words attacking the straw man of "Zero emissions", which is a claim I've only heard from you. Tesla calls it "zero local emissions", which we all understand. China has a big problem with pollution in its' cities, and I suspect they would be glad to take that pollution back at the front end where it's out of the city and more centralized to deal with. Basically, I don't get your point????
    Apr 24, 2014. 05:19 PM | 3 Likes Like |Link to Comment
  • Salesforce.com Or Salesfarce.com? You Decide! [View article]
    I think its dishonest to mischaracterize their response to the SEC as being "we can't track those numbers individually", since what they actually say is clearly "we don't report those numbers separately because we don't find that breakout to be meaningful in the overall evaluation of how we're doing". You may not agree, and would like to see the breakout, but why do you find it necessary to essentially misquote them to make the invalid point that they are "lying" to the SEC?
    Mar 8, 2014. 10:17 AM | Likes Like |Link to Comment
  • Samsung And PayPal Declare War On Apple [View article]
    The "credit card" I have registered with iTunes is ... wait for it ... my PayPal account! But I'm probably the only one.
    Mar 2, 2014. 09:34 AM | Likes Like |Link to Comment
  • The drought will probably cause insurers their biggest agricultural loss ever, with gross indemnities of $30B and an underwriting loss of $18B. However, the government will pay for $14B through reinsurance programs and private firms $4B-$5B. Companies with exposure include QBE (QBEIF.PK), American Financial (AFG) and Wells Fargo's (WFC) Rural Community. [View news story]
    "government will pay for $14B through reinsurance programs" i.e. Taxpayer bailout insurance at great premiums! Hooray!
    Aug 27, 2012. 08:48 AM | Likes Like |Link to Comment
  • More on Baird's survey: A mere 2% of current BlackBerry (RIMM) users plan on buying another BlackBerry. On the other hand, 51% of survey respondents say they'd be interested in an Amazon (AMZN) smartphone, the subject of many rumors. But only 7% claim to be interested in a Facebook (FB) smartphone, which is also rumored to be in development[View news story]
    I can't see too many people who would be willing to get stuck with a FaceBook phone for a 2 year contract given the subconcious suspicion that FaceBook is somehow spying on them and collecting personal data through the phone. Be honest. Don't you have that suspicion? They brought that on themselves, and should know better than to try getting us to take that risk...
    Aug 23, 2012. 01:29 PM | 1 Like Like |Link to Comment
  • Netflix (NFLX +0.5%) crosses over the 1M member milestone in the UK and Ireland. The company says 10% of the population in the region gives up two hours or more of their day to watching TV shows delivered via the Internet. Though competition is stiff with Amazon's Lovefilm and BSkyB offering up online content, it appears the market may be broad enough to feed all three companies. [View news story]
    Beware Netflix average viewing hours/customer data! They recently changed the functionality of their player so it automatically continues to stream additional TV series episodes after you fall asleep. I can't find any way to turn off this "feature", and it is going to seriously distort the streaming hours/user data. This is a giant RED FLAG.
    Aug 20, 2012. 10:01 AM | 1 Like Like |Link to Comment
  • The Consumer Financial Protection Bureau opens for comment a proposal to force lenders to offer no-fee, no-point mortgages, so as to make it easier for prospective borrowers to comparison shop. It would also force lenders to offer rate reductions if consumers elected to pay points. Is anyone aware of a mortgage lender that doesn't already offer all of this? [View news story]
    The best regulations are those which don't require the regulated to change behaviour (i.e. No cost to the regulated to implement). Ideally this indicates that the regulated is employing best practices, so the regulation will serve to deter them from veering into undesireable practices. Why the attitudes? Would you rather have regulations that change everything and cost a lot to the industry? Do you actually believe that the industry will operate fairly without any regulations? Really?
    Aug 17, 2012. 03:43 PM | Likes Like |Link to Comment
  • Google (GOOG) is expected to put Motorola Mobility's cable unit (set-top boxes + infrastructure gear) on sale as early as this fall, sources tell Light Reading. This is in-line with a March NY Post report. Many have expected Google to sell the cable division, given the discomfort pay-TV providers feel about buying hardware from the owner of YouTube and Google TV. One source adds Google will probably hold onto the division's patents.  [View news story]
    Yeah. Like I want to invest in a company whose patents are all owned by Google? I suppose they better have some kind of lifetime license at a reasonable rate, but read the fine print (or just trust it...).
    Aug 6, 2012. 02:58 PM | Likes Like |Link to Comment
  • The Affordable Care Act actually discourages small businesses from growing, says TheStreet.com's Robert Weinstein. Buried within 2,700 pages of the Act is a requirement that businesses provide all employees with "acceptable" health insurance coverage, but exempts businesses with 49 or fewer full time employees. For small business owners, this is a glaring disincentive not to grow beyond 49 employees as a result of the costs and additional regulations companies face with 50 or more.  [View news story]
    That's how a conservative describes it: A dis-incentive for small businesses to grow.

    A more rational person might describe it as giving a break to small companies to encourage them. They are, after all, supposed to be the main source of new jobs (though that notion is under attack), and giving them this break makes sense.

    Would it be more fair to make even the smaller companies provide the same health benefits as larger ones? Is THAT what we want?
    Jul 7, 2012. 02:57 PM | 4 Likes Like |Link to Comment
  • The Affordable Care Act actually discourages small businesses from growing, says TheStreet.com's Robert Weinstein. Buried within 2,700 pages of the Act is a requirement that businesses provide all employees with "acceptable" health insurance coverage, but exempts businesses with 49 or fewer full time employees. For small business owners, this is a glaring disincentive not to grow beyond 49 employees as a result of the costs and additional regulations companies face with 50 or more.  [View news story]
    Yeah. It holds back competition by giving smaller startups a break on health insurance. The smaller companies don't have to provide what the larger ones do, so their lower costs stop them from competing with the larger companies. Then when they are getting a bit larger, they are hit with - wait for it - - - the same requirements as those larger companies. That will definitely hold them back from competing. NOT. Jeez.
    Jul 7, 2012. 02:52 PM | 3 Likes Like |Link to Comment
  • Choice Hotels International (CHH) announces that it intends to offer $400M in senior notes due in 2022. The action is likely related to its plan to pay out a special $600M cash dividend to shareholders later this year. [View news story]
    Taking on long term debt to pay out cash dividend? Did Bain buy them?
    Jun 20, 2012. 08:09 AM | Likes Like |Link to Comment
  • Spain is more likely to ditch the euro than Greece, writes Matthew Lynn - it's too big too rescue, has no "political hang-ups" about its relationship with the EU, and there's a massive Spanish-speaking world for it to grow into. Spain also has a "real" economy, he says, with a solid industrial base and successful export industries. A good read.  [View news story]
    Lately it looks more like Germany would be better off exiting the EU. Let the rest of them try to issue bonds together.
    May 30, 2012. 09:44 AM | 2 Likes Like |Link to Comment
  • Politicians' talk of $2.50/gallon gasoline isn't realistic, and the U.S. already enjoys the "cheapest energy in the world,” T. Boone Pickens says. He's “frustrated” that legislation which would put more natural gas into commercial trucks has gone nowhere: "You put natural gas... into heavy-duty trucks, you can bring down the price of diesel gasoline. I don’t understand why they [Congress] don’t understand."  [View news story]
    Yeah, that's why the Dems want more alternative energy. The GOP wants to put off doing this till they have the White House and can then take credit for bringing energy costs down. Heaven forbid it should happen while Obama is in office. It might make him look good. Screwing America is just an unimportant short term consequence that is justified by the long term good that will be done by getting the GOP back in charge. Suck it up until then.
    Mar 7, 2012. 06:42 AM | 1 Like Like |Link to Comment
  • In spite of a customs official's assurances, retailers in additional Chinese cities are being told to stop selling the iPad due to Apple's (AAPL -1.2%) dispute with trademark holder Proview, according to media reports. The news comes a day after Amazon China yanked the iPad off its virtual shelves. (previously)  [View news story]
    I'm still confused as to why they can't be sold under another name. Previous reports of units being "siezed" from store inventory are bizarre. If the only claim is against what they are calling them ("iPad"), then that doesn't explain how the units themselves can be an issue. On my iPad-2 the "iPad" name only appears on the backside, and could be covered with a small sticker with some other name on it. So I can understand not being allowed to sell them as "iPad", but having them seized, or preventing them from shipping is not a credibly sane response.
    Feb 16, 2012. 10:09 AM | Likes Like |Link to Comment
COMMENTS STATS
453 Comments
458 Likes