Fast Money’s Pete Najarian in All His Glory

Well, not quite all his glory, but you get the idea. Photographer and regular on CNBC's Fast Money, Jon Najarian, snapped this picture of his bro smoking a cigar and soaking up some rays in Las Vegas. I wonder if Pete is cool with Jon posting this picture for all the world to see? I get the feeling Pete could careless, really. No, that's not a sweater vest. And yeah, that's a real tan. The Najarian brothers are in Las Vegas to do some re-takes for Hangover 3. They play a couple of gamblers whose suitcase full of cash is

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Tagged fast money, jon najarian, las vegas, pete najarian

Martha Stewart: Everything You’d Ever Want in a CEO

What do you want in your CEO? Leadership. Integrity. Honesty. Intelligence. Toughness. Well, Martha Stewart possesses some of those qualities but she's has some other rather unique skills and past experiences that must inform her work as a CEO. Here's a nice list of some things that make her stand out as CEO of Martha Stewart Living Omnimedia. I don't think there are too many CEOs of publicly traded companies who possess these qualities and or have had these experiences. Spent time in prison, check. Dated Anthony Hopkins, check. Has a profile on Match.com, check. Prison. She's spent time in

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Steven Soderbergh Understands Mortgage Backed Securities

Steven Soderbergh gave the keynote speech at the 56th San Francisco International Film Festival, where he talked about how, sadly, it's tough to get a movie made unless it's easy to sell to a wide audience across the world. In other words, the movies must have a lot of action that can translate in any language. Soderbergh said it's hard to get a movie made or sold that has some ambiguity to it. What stood out though was how knowledgeable Soderbergh was about the finances behind movies, and how they are transparent, as opposed to what Wall Street might

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Tagged mortgage back securities, steven soderbergh

Doug Kass’s Workstation

Here's a picture of Doug Kass's workstation. No sign of Kass's famous gnome, but I do see a nutcracker, and a few Najarian brother bobble heads - can't tell if he's got two of Pete or Jon. Kass of course was picked buy Warren Buffett to be the Berkshire bear at the annual shareholder meeting. I wonder if Kass might pick up a Buffett bobble head when he questions Buffett in

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Want to Invest Like Buffett: Read 500 Pages a Day

There's an excellent story about Warren Buffett's two new hires, Todd Combs and Ted Weschler, but what sticks out is how Combs heard Buffett speak at his Columbia University investing class and acted on one thing Buffett said and then some. It goes right to the idea of how hard work trumps everything else:

Combs didn't meet Buffett that day but says, “I still remember it like it was yesterday.” One of the students asked what he could do now to prepare for an investing career. Buffett thought for a few seconds and then reached for the stack of

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Tagged 500 pages a day, Ted Weschler, Todd Combs, warren buffett

Do You Know Where Your Money Is?

Yes, Maria Bartiromo, I do know where my money is. There's a handful of change somewhere between the couch cushions, there are some pennies and dimes in the cup holder in my car, and there's a pile of quarters on my desk in a glass bowl!!!! Ok, stop already, please. Everyday it's the same old thing. Where's your money. Do you know where your money is. I told you. You want me to be serious. Really? Ok. Here you go Maria. There's about $15K in my savings account, believe it or not I save a little money every

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Tagged closing bell, cnbc, do you know where your money is, maria bartiromo, nonsense

Who Said Apple Would Reach $1,000 a Share

In case your interested, here are all those friendly folks who said Apple shares would hit $1,000. Sure, some of these folks still have time, as in Apple might indeed reach $1,000 a share in their time frame, but it's not looking too good for most of these analysts/bloggers/prognosticators/experts/founders. Yes, about six months ago everyone on TV and across the web was pretty much saying Apple's stock would never go down. They said $1,000 for Apple shares was a foregone conclusion. And Apple shares certainly wouldn't go down under $400 a share, that would be absurd to even consider. Well,

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Tagged $1000 a share, andy zaky, apple, gene munster, james altucher, jim cramer, Steve Wozniak

Henry Blodget Bought Apple Shares for $391

Henry Blodget, the CEO of Business Insider and perhaps most famous for touting Internet stocks for Merril Lynch back in 2000 but deriding them in emails to insiders, just bought share in Apple. Yes, Blodget is now back in the stock picking and analysis game, buying shares of Apple at around $391 a share. This is his cost basis, so does that mean he's been averaging in or just purchased shares? Hard to say but he's betting the dividend will pay him nicely while Apple shares either tank further or they soar. Here's some of his reasoning:

I see two possible

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Tagged apple shares, Henry Blodget

Gene Munster Feels Bullied

Gene Munster, the much loved analyst for Apple when its stock seemed to only go higher, says he now feels bullied. Apple's stock of course has gone from over $700 a share to $400 in a little over six months. Munster, the so called axe for Apple's stock for ten years, recently cut his price target to $688, down from $788, and down from $910. And I swear I heard him say Apple would be a $1,000 stock on TV at least a hundred times. Well, actually he said Apple would go to $1,000 by 2014. There's hope

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Tagged apple, bullied, gene munster, picked on

Yes, “The Number” Is An Awesome Book & You Should Read It

Yeah, so Mark Cuban already gave his take on the book, The Number, saying before you even think about investing in the stock market you should read this book, and he's very much right. This is one of those times where all the hype around a books is true. And even though the book's popularity might have come ten years after the book was written. "The Number" is very detailed in its analysis of how companies feel like it's within their right to fill their pockets while emptying the pockets of its shareholders. The books goes into

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Tagged alex berenson, earnings per share, mark cuban, stock market, the number