Uncategorized

Millennial Stereotypes Are Sometimes Unavoidable… and Hilarious

millenials

I recently listened to a great interview on Bloomberg’s Odd Lots podcast about how “The Way We Talk About Millennials Is Wrong.” Malcolm Harris, author of Kids These Days: Human Capital and the Making of Millennials, makes an important point about how the identity of the millennial generation is largely created by marketing experts who use overgeneralized ideas to help companies sell stuff to them. Continue reading “Millennial Stereotypes Are Sometimes Unavoidable… and Hilarious” →

Investing

Why Facebook Will Face A Lawsuit Before This Is Over

Summary:

  • Facebook violated its own terms of service by not protecting customer data from developers.
  • This scandal will drag out through government investigations, regulatory moves, lawsuits, and the exposure of further details about Facebook’s failure to protect user data.
  • The outlook is not entirely negative. FB still has long-term earnings potential, and there may be opportunities to buy it cheaper.

In his questioning of Facebook (FB) CEO Mark Zuckerberg, Senator John Kennedy said that “there are some impurities in the Facebook punchbowl.” More bluntly, he continued, “your user agreement sucks.” Kennedy’s questioning deteriorated from there, as he did not get specific enough about the user agreement and showed a lack of understanding about how Facebook and its 3rd party apps work. However, he was absolutely correct in his starting point about Facebook’s user agreement. It sucks. Continue reading at Seeking Alpha…

Market Monday

Market Monday #2: Volatility

This is the 2nd edition of my new weekly economics digest. You can read the first edition here. Owning businesses is tough, especially when you own stocks and face price volatility. The most successful investors ignore the noise of price voluntary and focus on the core aspects of the business that affect its long term profitability. Even that is not as easy as it sounds. Continue reading “Market Monday #2: Volatility” →