edward stokes

@edsstokes

the courtly old man of American share ownership

the tombs
Vrijeme pridruživanja: ožujak 2016.

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  1. proslijedio/la je Tweet
    11. stu 2019.

    Kicking, Screaming Warren Buffett Dragged From Caesars Palace After Losing Everything At Roulette Wheel

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  2. 10. stu 2019.

    The fundamental bet we are making is that we are a media company, not a tools company, says Yang. If we are a tools company, we are not going to survive. Microsoft will just take over our space. If we are a publication, like FORTUNE or Time, then we have a sustainable business.

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  3. 10. stu 2019.

    To expect young squires to linger over a Lexus ad while on a vision quest to discover Pamela Anderson Lee’s most recent endowments seems, well, a bit optimistic.

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  4. 10. stu 2019.

    And skeptics now question why anyone ever thought search sites would be effective locations for ads. Sure, they draw tons of traffic. But the very charter of a search site is to get visitors in and out as quickly as possible.

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  5. 10. stu 2019.

    Internet advertising doesn’t seem to work. Wall Street has reacted as you might expect. Excite shares -68%; Lycos’s down 47%; Yahoo’s are off 44%; and Infoseek’s, down 31%.

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  6. 10. stu 2019.

    ...it, chiefly of the traditional dishes, has accepted the machine.

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  7. 10. stu 2019.

    The truth is that the pie is mightier than its stove. Not remotely because the addition of ice cream to the crust, like the addition of speech to the moving pictures, saved its face. Pie is what it is in our cafeteriated time—first, because it is good; and, second, because...

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  8. 28. ruj 2019.
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  9. proslijedio/la je Tweet

    1858 man argues telegraph makes information travel too fast: "Ten days brings us the mails from Europe. What need is there for the scraps of news in ten minutes? How trivial and paltry is the telegraphic column? It snowed here, it rained there, one man killed, another hanged."

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  10. proslijedio/la je Tweet
    10. sij 2016.

    In ~2 years, summon should work anywhere connected by land & not blocked by borders, eg you're in LA and the car is in NY

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  11. 7. ožu 2019.
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  12. 12. kol 2018.

    Musk expects that the craft will be ferrying tourists into space by 2014, looping them around the moon for fifty million dollars a head... Musk recently vowed that Tesla will offer a third-generation car for less than thirty thousand dollars by 2014.

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  13. proslijedio/la je Tweet
    21. lip 2018.

    5/ "The Americans have need of the telephone, but we do not. We have plenty of messenger boys."—Sir William Preece, chief engineer, British Post Office, 1876

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  14. 15. lip 2018.
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  15. 9. lip 2018.

    Not interested in best track record here (easy to figure out) just most consistent at not losing money and how close to perfection they've come

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  16. proslijedio/la je Tweet

    What is the absolutely first question you ask yourself when you look at a potential investment? Charlie Munger: We tend to judge by the past record. By and large, if the thing has a lousy past record and a bright future, we’re going to miss the opportunity 1995 Annual Meeting

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  17. proslijedio/la je Tweet
    11. velj 2018.

    ...I think about how good this poem is at least twice a day.

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  18. proslijedio/la je Tweet
    26. stu 2017.

    In my 61 years of investing, 50 or so years have offered [common stocks at attractive prices]. There will be years like that again. Unless, however, we see a very high probability of at least 10% pre-tax returns, we will sit on the sidelines Warren Buffett, 2002

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  19. proslijedio/la je Tweet
    16. svi 2011.

    I wish I had kept my 1,700 BTC @ $0.06 instead of selling them at $0.30, now that they're $8.00!

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