Told or Known

Nov 19 2008
Nov 12 2008
Nov 09 2008
[Flash 9 is required to listen to audio.]

The Fairy Feller’s Master Stroke

Queen

(1973) Based upon the Richard Dadd painting of the same name. Posted because I mentioned it on Twitter last week.

Nov 05 2008
To live up to the ideal we just embraced, we have to do intentionally what Obama does by nature. He listens to those with whom he disagrees, but he responds only to the goodness expressed in even the most fear-driven of statements. Ignore the small, the petty, the self-involved, the defensive, and respond to the moments of goodness in all of us.
— David Weinberger – We. One. (via Fritinancy)
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Oct 14 2008
While I regret this development, I am not in mourning, for I no longer have any clear idea what, exactly, the modern conservative movement stands for. Eight years of “conservative” government has brought us a doubled national debt, ruinous expansion of entitlement programs, bridges to nowhere, poster boy Jack Abramoff and an ill-premised, ill-waged war conducted by politicians of breathtaking arrogance. As a sideshow, it brought us a truly obscene attempt at federal intervention in the Terry Schiavo case. So, to paraphrase a real conservative, Ronald Reagan: I haven’t left the Republican Party. It left me.
Oct 08 2008
Oct 07 2008

You've already lost money.

I believe that many stocks are still likely to fall further, so I decided to sell some of mine. If I’m wrong and this is truly the bottom, I’ll just buy back in when they’re a little higher and miss out on some of the recovery — and that’s the worst case. That’s not so bad. I’ll just have a smaller gain than someone who timed it perfectly.

But if I’m right, and stocks fall further, I’ll have saved a lot of my money from being lost by selling them now and waiting until an upswing to reinvest that money.

What’s your time horizon and confidence Apple will recover? You sound pretty sure they will, in which case the proper move now is to put more money in, not cash out. Trying to time the market, which is what you’re doing, is a sucker’s game at the best of times and completely insane in the current environment.

Also, if you buy back in (with only the present cash-out funds) at a slightly higher price than you sold, you won’t have a smaller gain. You’ll have a loss until the stock recovers and gains enough to cover the spread and your transaction fees.

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The leadership vacuum could not happen at a worse time. If credit markets remain frozen, we’ll soon witness a huge round of business bankruptcies. We’re in completely uncharted terrain.
Oct 06 2008
Take On Me: Literal Video Version (via Laughing Squid)
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