Alibaba: Biggest IPO By Market Value of All Time


Source:WSJ

 

Category: Digital Media, Technology

Movement to Declassify 9/11 Information Gathers Momentum

9/11 Commission Chairs, Congressmen and Intelligence Officers All Call for Declassification The 9/11 Commission Co-Chairs – Lee Hamilton and Thomas Kean – have called for the 28-page section of the 9/11 Commission Report which is classified to be declassified. Kean said that 60-70% of what was classified shouldn’t have been classified in the first place: Congressman Thomas…Read More

Category: Legal, Politics, War/Defense

Welcome to the Laniakea Supercluster

Superclusters – regions of space that are densely packed with galaxies – are the biggest structures in the Universe. But scientists have struggled to define exactly where one supercluster ends and another begins. Now, a team based in Hawaii has come up with a new technique that maps the Universe according to the flow of…Read More

Category: Science, Weekend

10 Wednesday PM Reads

My afternoon train reads: • How and why to build a bond ladder (Fidelity) see also Fidelity Reviewed Which Accounts Did Best and What They Found Was Hilarious (Business Insider) • Apple doesn’t need another charismatic leader.  It needs Tim Cook. (The Guardian) • America has 4.7 million job openings (CNN Money) • Homeowners steamrolled…Read More

Category: Financial Press

Facebook Valuation Tops $200 Billion

Source: Bloomberg Visual Data

Category: Digital Media, IPOs, Valuation, Web/Tech

RIP Paul Macrae Montgomery, originator of Magazine Cover Indicator

  Paul Macrae Montgomery, best known as the originator of the Time Magazine Cover Indicator, and for popularizing the Hemline Indicator of the stock market, died this weekend. He was 72. I was fortunate to have had several conversations with Mongomery over the years. He was humble and soft spoken but he took delight in…Read More

Category: Analysts, Markets, Psychology

No Crimes? That’s The Biggest Lie of the New Century

Yesterday, we looked at why bankers weren’t busted for crimes committed during the financial crisis. Political corruption, prosecutorial malfeasance, rewritten legislation and cowardice on the part of government officials were among the many reasons. But I saved the biggest reason so many financial felons escaped justice for today: They dumped the cost of their criminal…Read More

Category: Corporate Management, Crony Capitalists, Legal, Really, really bad calls

10 Wednesday AM Reads

This morning’s expertly curated reads, now with Apple Pay:(continues here): • Apple Is Back, Better Than Ever (NYT) see also It’s Tim Cook’s Apple Now (Re/Code) • Venture Firms Fret as Y Combinator Soars (Genius) • American stock holdings at 18-year low (Yahoo) but see Wall Street Bear Changes Course (Moneybeat) • A Look at…Read More

Category: Financial Press

Dilbert: Beating Earnings Estimates

Presented without comment:   Source: Dilbert

Category: Analysts, Corporate Management, Humor

Apple iPhone 6 and iPhone 6 Plus Videos

All the videos from yesterday’s Apple event:

Category: Technology, Video