Archive for October, 2012

Starbucks Creates Demand for Pumpkin Spice Lattes

Ralph read an article about how Sbux customers are getting irritated because they can’t get their Pumpkin Spice Lattes because Sbux keeps running out of pumpkin spice.

We joked how they are probably doing this on purpose to create a demand.

10 minutes later Ralph says: It’s working. Now I want a Pumpkin Spice Latte [even though he’s never had one, and really doesn’t care for coffee].

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Way Out

The San Fran pitcher [Tim Lincecum] last nite looked like a Way Out. You know…from the Flintstones.

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Book: 24 Essential Lessons for Investment Success

By William J O’Neil.

Basically, O’Neil founded the rag Investor’s Business Daily and this book was written to promote his daily investment paper.  I do NOT recommend this book.

The book was written in 2000 and besides hawking his rag, took me back in time cuz:
*  Stocks were trading in fractions

* He keeps referring to calling up your broker to make a trade, and

* Really, what trader nowadays would depend upon on a daily paper when there is the Internet? I suspect all the news you need to know would be old news once you received the paper.

 

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“Rich Dad, Poor Dad” is Now Bankrupt Dad

Yes, the man who wrote the book “Rich Dad, Poor Dad”, which has sold over 26 million copies apparently feels entitled to buy buy buy and NOT pay his bills. Ahem.

On a side note, check out how his eyebrows have evolved. It looks like he’s plucked some parts, and grew out other parts.


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Reason to Always Carry My Camera

Today I saw a 10 year old girl on roller skates, holding/hugging a sleepy puppy. Now, can you get any more All American than that? Wish I had my camera.

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Lost in a Corn Maze

Went to a corn maze today. First time ever. I thought you went thru “winging it”, but quickly learned why they give everyone a schematic.

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BOOK: Trading Secrets [The Dogs of the S&P]

20 Hard and Fast Rules to Help You Beat the Stock Market
By Simon Thompson.

I got this book from the library and kept putting it off to read. However, once I did start, I’m very glad I did. I HIGHLY recommend reading this if you are a trader of any sorts.

The Dogs of the S&P
This is the simplest investment strategy and also one of the most profitable.

On October 1st of each year, buy the 10 worst performing stocks in the S&P 500 based on their price performance over the last 3 years.

Sell on December 31st.

Over the last 10 years the average gain has been 23%! In just 3 months!

At times, holding during January also provides significant returns. However, the author suggests using stop limit sell orders since these stocks could quickly lose their gains.

NOTE there is bankruptcy risk here.

Why does this happen? US fiscal year end is September 30th. Fund managers are judged based on their performance during the year. They don’t want to show that they are holding dud stocks, so they sell them before they have to report that they own them.

Other fund managers don’t want to buy them for the same reason – reports showing you own one of the worst performing stocks in the S&P…. so they too stay away.

Thus these stocks are exceptionally under valued as of October 1st.

Another strategy? Do the exact same thing for the FTSE All Share Index during December and sell at the end of January.

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