Sam Zell Defends Tom Perkins

Feb 5, 2014
J. Webster
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Tom Perkins of course is the man with the $400K watch who has NON close relatives living in trailer parks. But I think what people want are not drastic changes to our capitalistic system, but just higher wages for those working hard in tough jobs. Do some executives at the very top really deserve millions upon millions of dollars? Maybe they can make $30 million instead of

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Financial Tweet of the Week: Josh Brown

Feb 4, 2014
J. Webster
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Yeah, you could pretty much post a tweet of the week for Josh Brown, The Reformed Broker, every week, but this one caught our attention and made us laugh. The tweet stems from the "currency wars" that are starting in many emerging markets as the fed starts to taper.

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Who Gets to $100 a Share First, Twitter or Facebook?

Feb 4, 2014
J. Webster
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Both Facebook (FB) and Twitter (TWTR) trade for about $60 a share right now, but both seemed destined for higher highs. Who knows just when the stocks will both reach $100 a share, but it will happen as both companies are smack dab in the middle of what's growing: mobile and data. It could take a year or it could take five or ten, but they'll both do the $100 roll. With their stocks around $60, Facebook as a market cap of $153 billion and Twitter has a market cap of $35 billion. So, if they go to a $100

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Buying Shares of RadioShack Off Their SuperBowl Ad?

Feb 2, 2014
J. Webster
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So, what with RadioShack trading for $2.40 a share, is anyone going to buy shares off their SuperBowl commercial? Someone made the comment that they were surprised RadioShack even had $4 million to spend on a SuperBowl ad. The whole company is worth around $240 million. It's a very risky bet, what with RadioShack stores closing left and right as Amazon and e-commerce killing brick and mortar stores. However, maybe RadioShack can turn it around, especially if they catch up with modern times and start selling stuff people actually want to buy. And heck, at least they realize they need to

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What Type of Financial TV Pundit Are You?

Jan 31, 2014
J. Webster
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Are you the goodlooking one? The old guy who's been around forever with the equally ancient suit and who just says whatever he feels like? Are you the doomsayer - the sky is always falling? Are you the bald guy? Maybe you're the smart, articulate, and calm one who'd rather be trading or reading but was more or less forced on to the set of CNBC? Are you one who always yells and argues? The screamer? Are you the one so giddy to be on TV for the first time that it shows through, and you, as the watcher,

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The Ben Bernanke Baseball Card

Jan 31, 2014
J. Webster
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At Ben Bernanke's farewell party as Federal Reserve Chairman, he was given a baseball care of himself. So, how much will the Ben Beranke baseball card be worth in 100 years? Anything at all. A lot. Very little. I always thought Bernanke should get his bearded face on a coin, but maybe a baseball card will have to do. Here's the back of the card with this "stats" - MVP for most four-letter acronyms created:

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When Can Shareholders Tell Carl Icahn to Buy Back Shares?

Jan 30, 2014
J. Webster
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And the better question: Who needs a share buyback when you have a Twitter account and CNBC, FOX, and Bloomberg to do your stock-pumping? Still though, if Icahn Enterprises (IEP) stock doesn't resume the steep upward trajectory it was on for much of 2013, people will soon demand that Carl Icahn initiate a big share repurchase at his own company. Icahn Enterprises had a good 2013, rising from around $50 per share to as high as $148 per share. However, in less than two months the stock has dropped back down to about $110. You maybe know Carl Icahn, as he’s been

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Scarlett Johansson SuperBowl Ad for SodaStream

Jan 30, 2014
J. Webster
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Here's the Scarlett Johansson SuperBowl ad that was banned just because it mentions Coke and Pepsi? What's all the fizz about that, sorry. Apparently the ad was banned simply for the last line, "Sorry, Coke and Pepsi." But I'm guessing that SodaStream actually wanted the ad to get banned so that could get millions of views on YouTube. And no, unfortunately, the ad wasn't banned for something that Scarlett Johansson was wearing or not wearing.

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Barry Ritholtz on The Daily Show

Jan 29, 2014
J. Webster
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Samantha Bee explores the devastating economic effects of raising the minimum wage to the poverty level. In one corner there was Peter Schiff, in the other, Barry Ritholtz. Sure, I know The Daily Show edits the video and shapes the story in a way they want, but wouldn't Schiff know what he was getting himself into and try not to say anything idiotic. I mean come on, he had to know what The Daily Show was going to do... And, really, would it kill some of these bigger companies like McDonald's to pay a higher wage and have the executives earn

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Financial Tweet (s) of the Week: Doug Kass

Jan 29, 2014
J. Webster
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While the week isn't even over yet, we're calling this one early and giving Doug Kass the tweet, or tweets of the week, for these four tweets that pretty much sum up what's been said on the financial news shows the past week as the stock market plummets from its all time highs.

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