Archives for March 2006

links for 2006-03-31

Posted by PJ on Mar 31, 2006 | Comment |

links for 2006-03-29

Posted by PJ on Mar 29, 2006 | Comment |

An’ Patched Up the Crack in the Liberty Bell

Incumbents in the House of Representatives didn’t always have a 95% reelection rate. Take this passage from Davy Crockett’s official Congressional biography:

…unsuccessful candidate for election to the Nineteenth Congress in 1825; elected as a Jacksonian to the Twentieth Congress; elected as an Anti-Jacksonian to the Twenty-first Congress (March 4, 1827-March 3, 1831); unsuccessful candidate for reelection to the Twenty-second Congress in 1830; elected as an Anti-Jacksonian to the Twenty-third Congress (March 4, 1833-March 3, 1835); unsuccessful candidate for reelection to the Twenty-fourth Congress in 1834; fought at the Battle of the Alamo, San Antonio, Tex., 1836; died about March 6, 1836.

Posted by PJ on Mar 24, 2006 | Comments Off |

Achilles and the Hare

Today is August 24, 1995. In Redmond, corks are popping out of champagne bottles to herald the product launch of Windows 95.

The media coverage is making you feel uneasy about all the Apple stock in your portfolio, so you pull your brick-sized cell phone out of your briefcase and you call your coke-addict broker. You tell him to dump all your Apple stock and put the money in Microsoft.

Today is March 23, 2006. Your investments have done well over the last decade. Your Microsoft stock has beaten the S&P 500 by a factor of three. You’ve been watching Apple’s share price slide for the last couple of weeks and it has made you wonder how much less your portfolio would be worth if you had lacked the vision to move your money to Microsoft a decade ago.

So you visit Bigcharts.com and you create an interactive chart to satisfy your curiosity.

AAPL vs. MSFT

You feel a lump in your throat as you come to terms with your mistake. As a long-term investment vehicle, Apple has outpaced Microsoft.

Posted by PJ on Mar 23, 2006 | Comments Off |

links for 2006-03-22

Posted by PJ on Mar 22, 2006 | Comment |

links for 2006-03-21

Posted by PJ on Mar 21, 2006 | Comment |

links for 2006-03-20

Posted by PJ on Mar 20, 2006 | 2 Comments |

links for 2006-03-17

Posted by PJ on Mar 17, 2006 | Comment |

links for 2006-03-13

Posted by PJ on Mar 13, 2006 | Comment |

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