Elon Musk Says Tesla’s Market Cap Could Reach Apple’s

Feb 11, 2015
J. Webster
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So, do you believe Elon Musk? Say you missed much of Apple's big run the past five years, are you going to invest in Tesla for the long term as a potential huge payoff?
"Tesla CEO Elon Musk said the company's market cap in 10 years "could be on the order of where Apple is today." Musk made the comments on a conference call with analysts following Tesla’s unexpected quarterly loss. Musk said the estimate was based on "back of the envelope" calculations including an assumption of a price-to-earnings ratio of 20. Apple recently became the first company to top $700

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Freeport-McMoran Executive James Flores Bought Tons of Shares

Feb 10, 2015
J. Webster
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To me, it looks like Freeport-McMoran executive James Flores believes in his company. Flores has been buying tons of shares in the company he runs for the past few years, and at much higher prices than we see right now. Freeport-McMoran's stock sits close to $18 a share today, but Flores has been buying piles of shares in the high 20s and 30s - and bought thousands of shares when the stock traded at $37! He owns 8,649,241 shares of Freeport-McMoran. In these insider transactions, has Flores been trying to catch a falling knife or is the bottom near for

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Breaking News: The Rich Don’t Like to Pay Taxes

Feb 9, 2015
J. Webster
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The news that HSBC was hiding money for criminals and dictators wasn't really surprising. Nor should it be surprising that the rich just don't like to pay taxes, and if they can avoid it, they will. And I guess it looks like the Swiss bank HSBC was there to help the rich avoid paying taxes - surprise, surprise. I mean come on, when you hear "Swiss bank account" it just sounds shady....or it's like something you hear out of spy movie.... "The

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The Only Product McDonald’s & Chipotle Shared: Coca-Cola Syrup

Feb 8, 2015
J. Webster
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What seems like ages ago now, McDonald's invested in Chipotle, giving them the money to expand and grow, but they only shared one product in their distribution chain:
"There are approximately 650 line items in a McDonald’s distribution center. When we brought Chipotle into the Portland DC in 2004, there was one common product that could either be delivered to a Chipotle or a McDonald’s restaurant: a five-gallon bag of Coca-Cola — the syrup. That’s it." (Bloomberg)
McDonald's wanted Chipotle to add "Fresh" to their name, have drive-through widows, allow for franchises, and to serve breakfast. Chipotle

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Louis C.K. Talks Twitter on Conan O’Brien: “Jesus Is Trending”

Feb 6, 2015
J. Webster
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In honor of Twitter's "breakout" quarter, here's Louis C.K. talking about Twitter and social media in general on Conan O'Brien four or five years ago. And don't get me wrong, I love Twitter, but at times it certainly is silly and unnecessary, but it's also very addictive and a good way to get a broad range of news and information if you follow a wide range of interesting people. Plus, Twitter is immediate and about what's happening right now, which is why many are saying people are searching on Twitter rather than Google. Anyway, here's Louis C.K.: "I think if

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Google Finance Has Strange Stock Price for Eldorado Gold

Feb 5, 2015
J. Webster
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Now Eldorado Gold's stock has been hammered of late since Greece isn't in favor of them digging for gold in their country. But it got smashed today by Google Finance for some strange reason. Anybody else see some strange price action for stocks on Google Finance? Eldorado Gold's stock was actually up on the day and just dipped below $5 a share as a low of the day. Imagine owning shares of the gold miner and waking up in the morning, before you've even had a coffee, and seeing the stock go like this....man, that's bound to give an Eldorado Gold

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Top Disney Shareholder: Laurene Powell Jobs

Feb 4, 2015
J. Webster
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Who's the top public shareholder of Disney stock, which just top a $100 a share, none other than Steve Jobs' widow, Laurene Powell Jobs. This large stake in Disney is from when Steve Jobs sold Pixar to Disney. Yes, Steve Jobs was a very smart and savvy business man. Laurene Powell Jobs owns 7.69 percent of Disney, or 130.6 million shares. Some say that Disney is a buy and forget stock - you

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Chelsea Clinton’s Husband’s Hedge Fund Doesn’t Have Faith in Greece Bet

Feb 4, 2015
J. Webster
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What's worse, losing a ton of money or being referred to as "Chelsea Clinton's husband" all the time. Yeah, of course losing a ton of money is worse, but still, most be annoying to always have your business referred to as "hedge fund co-founded by Chelsea Clinton's husband". It's like you don't even have a name anymore. But anyway, the real story is, yes, Chelsea Clinton's husband lost a bunch of money betting on Greece. What stands out to me though is, he's not only losing or lost a ton of money on a Greece bet but he might

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Al Gore’s Apple Cash Hoard

Feb 3, 2015
J. Webster
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So Al Gore losing to George Bush in the Presidential election was actually a blessing in disguise for his wallet. If Gore became President he would have never been on Apple's board and never piled up so many shares of Apple stock, right? Not sure about the timing of when Al Gore joined Apple's board but it seems like if he'd become President, and even maybe, possibly, won another term, he just wouldn't have got a hold of 440,000 shares of Apple and sat on its board for so long. Either way, Gore made some savvy moves once it got

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Can Tom Brady’s Super Bowl Win Save Uggs

Feb 2, 2015
J. Webster
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Tom Brady didn't win the Super Bowl wearing Uggs, but will his fourth Super Bowl victory give Deckers' stock a boost? I'm guessing that Decker will leverage the Patriots and Tom Brady's Super Bowl win into some kind of advertising campaign for Uggs, right? But just how much of a bounce will this give their stock? But you have to also consider that Boston has been hit hard this winter with snow storm after snow storm. Won't all the men in Boston purchase a pair of Uggs to support Tom Brady and keep warm their feet warm? That's a stretch

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