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citizenleung

citizenleung
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  • Should Apple Shareholders Take Boycott Talk Seriously? [View article]
    Apple gets the headlines because of its dominance, but you correctly mention that the issue applies to all electronics makers. Boycott Apple for who? I hope would-be boycotters understand that Samsungs, Lenovos, and Dells are not manufactured at Googleplex-like fantasylands where workers can play video games and receive massages on the companies' dime. Perhaps they can do without their smartphones, tablets, computers, etc., etc., ... .
    Jan 30 11:07 PM | 1 Like Like |Link to Comment
  • Why Facebook Is Worth So Much Money [View article]
    "Zuck’s dedication to making the world a better place through interconnection and openness"

    Excuse me while I vomit.

    Facebook is the ultimate pimp. It sends out its users to turn tricks without protection, collecting all the cash while letting them suffer whatever consequences befall them. Nice, but creepy business model.
    Jan 30 10:57 PM | 5 Likes Like |Link to Comment
  • In Defense Of The Fed [View article]
    Obama supporter,

    If you're replying to me, check out http://on.wsj.com/yQvnal.

    At least Paul remembers take off his tin foil hat before the debates.
    Jan 26 02:40 PM | Likes Like |Link to Comment
  • In Defense Of The Fed [View article]
    Ron Paul wants the gold standard for one reason--he is heavily invested in the gold industry. Nothing more, nothing less.
    Jan 26 11:30 AM | Likes Like |Link to Comment
  • Our Top 25 Dividend Growth Stocks Are Dirt Cheap [View article]
    This article provides valuable historical perspective to counter the "this time it's different" crowd.
    Nov 23 03:16 PM | 5 Likes Like |Link to Comment
  • Frozen Out By A Failed Fed [View article]
    If the nation had Paul and his ilk in power from the beginning of American history until now, Biff and Sally would have another set of troubles to confront. If their bank would have failed during the financial crisis, they would have lost their savings because there would be no FDIC to insure their deposits. If they lost their jobs during the crisis, there would be no unemployment insurances to help them. Seeing their desperation, employers would offer them jobs at $4-$5 an hour because there would be no such thing as minimum wage. That's OK, they can send their ten and twelve year old into the work force to help make up the difference because there would be no child labor laws. Maybe they could drown their sorrows by smoking marijuana, as that would probably be legal.

    Paul's ideas are like communism--they might sound good on paper, but they do not work in the real world.
    Nov 18 04:14 PM | 2 Likes Like |Link to Comment
  • Buffett's Deal With Bank Of America Is Absolutely Terrible... [View article]
    Buffett has accomplished more today than you will over your entire lifetime. That's a fact.
    Aug 25 08:32 PM | 2 Likes Like |Link to Comment
  • How The Steve Jobs News Impacts Apple In The Long-Term [View article]
    Immelt's not as good as Welch at earnings manipulation.

    Of course, Welch's turning GE into a financial services company had nothing to do with its performance over the last few years ...
    Aug 25 09:06 AM | 1 Like Like |Link to Comment
  • A Perspective On The Great Steve Jobs [View article]
    Politically, Jobs is much closer to Krugman than you.

    Nevertheless, it would take an Arab-American, Democratic, liberal hippie to be the best at capitalism and entrepreneurship, wouldn't it?
    Aug 25 12:24 AM | Likes Like |Link to Comment
  • S&P lowers its sovereign credit rating for the U.S. from AAA to AA+. "The downgrade reflects our opinion that the fiscal consolidation plan that Congress and the Administration recently agreed to falls short of what, in our view, would be necessary to stabilize the government's medium-term debt dynamics."  [View news story]
    Reagan set us on the path of borrowing and spending, and we have followed it, year after year, for thirty years. That's how the U.S. got to where it is today.

    The S&P said that it wanted to see Obama's grand bargain passed as a down payment on debt reduction. The teabaggers refused. End of story.
    Aug 6 12:11 AM | 5 Likes Like |Link to Comment
  • Is Apple Mania Warranted? [View article]
    GE is a financial services company with a minor focus on the industrial sector. Given the uncertainties in the financial sector, one can argue that a $200B market cap is generous. If you strip away the Welch-style accounting gimmicks and fake profits, Apple could very well be three to four times larger than GE.
    Jul 25 03:59 PM | 3 Likes Like |Link to Comment
  • Murdoch speaks: News Corp. (NWS -2.4%) has made "minor mistakes," its chief tells WSJ, and the damage to the company is "nothing that will not be recovered." They've handled the hacking fiasco "extremely well in every way possible." Full interview soon. (earlier: FBI probe)  [View news story]
    I'm sure the WSJ will work overtime to investigate whether News Corp. conducted hacking in the United States and give a fair and balanced account of the results.
    Jul 14 04:13 PM | 1 Like Like |Link to Comment
  • 5 Earnings Reports to Set the Stage [View article]
    "You have to understand that the social media tools actually have large economic moats and large barriers to entry."

    That's largely untrue for many social media tools (daily deals space). Some graduate student or even a dropout in his parent's basement could be developing the next social media phenomenon right now. Even if your statement was true, Google has the means to drain the moat and scale the barrier.

    "Google+ has to convince everyone to come there. Why would I want to leave Facebook if all my friends are there?"

    Myspace users left. Why can't Facebook users leave?
    Jul 11 12:59 PM | 1 Like Like |Link to Comment
  • Halliburton (HAL -1.1%) acknowledges 18 Oklahoma water wells have been contaminated by chemicals in an area where the company performed government contract work removing and burning spent missile fuel. It's currently working to correct the problem.  [View news story]
    They'll need a government subsidy to pay for the cleanup.
    Jul 8 12:44 PM | 2 Likes Like |Link to Comment
  • 5 Undervalued Blue Chips With Above-Average and Growing Yield [View article]
    Is the decision not more of a currency bet (buy UL if you like the pound's prospects and UN if you like the euro's prospects) than anything else?
    Jul 8 10:03 AM | 1 Like Like |Link to Comment
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201 Comments
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