Blogging Again

Yikes. Been too long. Back to pen again on a more consistent basis as I have been organizing, building, creating and generating for work but neglecting the free flow of ideas on the this page. Productivity is up, the business is in good shape and the thoughts are flowing as there is much to write about in perhaps the most exciting time over the last twenty years. The hegemonic presence of the United States is being challenged on multiple fronts throughout the world. Moreover, capitalism as we know it is about to undergo a huge challenge due to the greed of those in corporate America that threaten the fairest economic system created by mankind. First things first, we need to update our portfolio, make some changes and add new ideas to the mix. Once this is complete we will begin to tackle the bigger issues alluded to in this paragraph.



Above is where the portfolio stands after much neglect. First, we will punt Yahoo(YHOO) as there is only $1 more of reward with much risk if they fail to do a deal with anyone. Jerry Yang is clueless about how to monetize Yahoo. Don't get me started. Yang needed to study the Google model when he got back in the game but he did not and now he can leave the game a rich but unfullfilled man. Next we still love Intel (INTC) as they rock and the market will figure this out later than sooner.

Third on the list is Rite Aid (RAD) which is a nice blowup that can be saved by adding to the position which we will do on Tuesday's open. We doubt it goes BK and more than likely will be acquired. Fourth up is the Silver Trust (SLV) which rocks and is the complete opposite of Rite Aid. Thank an inept Federal Reserve that is going to let inflation get totally out of control because the only way to clean up the current financial mess is to reinflate all assets. Our fifth recommendation is Google (GOOG) which rocks and most on the street fail to understand the power that has been created here. As I write, I am listening and watching videos on You Tube. All content is quickly moving to this amazing conduit.

Our last open idea is Famous Dave's (DAVE) which has gotten hammered like all other restaurant stocks. Time to double down on this name as well on Tuesday's open. The two ideas, Amgen and Starbucks, we closed are much lower than where we exited. This illustrates that once it is apparent that a company is failing to execute its business model you need to exit stage right.

There you have it. Six open ideas and we will go up to 10 ideas. Expect to see some more ideas in short order. To quote Sholem Asch, "Writing comes more easily if you have something to say." There is much to say these days