Steve Jobs

Tyler Durden's picture

Frontrunning: March 23





  • Saudis keep on pumping, oil prices keep on slumping (Reuters)
  • Tenet Healthcare Nearing Deal to Buy United Surgical Partners (WSJ)
  • Dizzying Pre-IPO Tech Values Spurred by Rush of Hedge-Fund Money (BBG)
  • Russia threatens to aim nuclear missiles at Denmark ships if it joins NATO shield (Reuters)
  • Torrent of Cash Exits Eurozone (WSJ)
  • Draghi Cheerleads for Euro-Area Economy as Greek Risk Looms (BBG)
  • Fortescue Mines for More Financing Options (WSJ)
  • Topix Charts Evoke Calm Before ’13 Rout as Momentum Gains (BBG)
 
Tyler Durden's picture

Frontrunning: March 13





  • Again as first reported here: Record U.S. Oil Glut May Fill Storage, Cut Prices (BBG)
  • IEA sees renewed pressure on oil prices as glut worsens (Reuters)
  • No EU unanimity on renewing Russia economic sanctions (Reuters)
  • Tsipras says Greece doing its part in euro zone deal (Reuters)
  • ECB Set to Buy Fewer Bonds as Price Gains Ease Crunch (BBG)
  • These Americans Are Getting Rich Trading Derivatives Banned in the U.S. (BBG)
  • U.S. 2015 profits forecast to grow 1.7 percent; oil, dollar are concerns (Reuters) - in a month this will say "decline"
  • Manhunt for shooting suspects grinds on in Ferguson, Missouri (Reuters)
 
Tyler Durden's picture

Steve Jobs Held Billions Of Dollars Offshore. Was He "Unpatriotic"?





At the end of September 2011, just days before his passing, the company that Steve Jobs founded had a $25 billion cash hoard. Nearly half of this was stashed overseas. His personal share of the untaxed offshore booty was obviously substantial. Did this make him ‘unpatriotic’?

Was the guy who revolutionized five industries and touched the lives of billions of people some nefarious traitor because he held so much money offshore? Of course not.

 
Tyler Durden's picture

What Choice Do We Have?





It's jolly good fun to discuss alternatives to the doomed status quo, but what choice do most of us have to participating in the current system, even if we loathe it? The lack of choice is of course a key characteristic of the status quo-- if alternatives were plentiful, how many would opt out of Corporate America and the Financial Nobility's manor house of debt servitude?

 
Tyler Durden's picture

Frontrunning: December 11





  • Shale operaters Goodrich, Oasis Petroleum cut spending for 2015 as oil slides (Reuters)
  • Greece to hold elections in January if president vote fails (Reuters)
  • Norway’s Shock Rate Cut Drives Krone to Lowest Since 2009 (BBG)
  • ‘Severe Downturn’ Threatening Norway, Central Bank Governor Says (BBG)
  • Russia’s Fifth Rate Increase Fails to Halt Ruble Slide to Record (BBG)
  • SNB Says Deflation Risks Increased as Franc Cap Maintained (BBG)
  • China eases bank lending restrictions, PBOC targets 10 trillion yuan in loans for 2014 (Reuters)
  • Mobius Says China’s Bull Market Is Just Getting Started (BBG)
  • How Wal-Mart Made Its Crumbling China Business Look So Good for So Long (BBG)
 
Tyler Durden's picture

Activist Hedge Fund Goes Postal On Jim Cramer





After last night's marvelous Bloomberg profile of Bill Gross' last days at PIMCO, we were confident that no written material today could surpass Mary Child's fascinating narrative of the fallen bond king. And then we read Cannell Capital's activist letter to one James J. Cramer, of CNBC and TheStreet director infamy, which is hands down the blockbuster reading material du jour.

 
Tyler Durden's picture

Frontrunning: December 1





  • Moody’s Downgrades Japan’s Credit Rating (WSJ)
  • China Factory Gauge Drops as Shutdowns Add to Slowdown (BBG)
  • Euro zone factory growth stalls in November as new orders sink (Reuters)
  • Espírito Santo Faces Money-Laundering Investigations (WSJ)
  • Oil at $40 Possible as Market Transforms Caracas to Iran (BBG)
  • Hong Kong warns protesters not to return after clashes close government HQ (Reuters)
  • Bond Secrets Decoded 9,539 Miles From Wall Street in Lot (BBG)
  • Ruble Rally Turns to Rout as Fortunes Tied to Sinking Oil (BBG)
  • Loans Made in Blink as Banks, Funds Vie for LendingClub Clients (BBG)
 
Capitalist Exploits's picture

Passion = Profits





Most of the really big returns made by investors and entrepreneurs come from companies which seem to have one unmistakable element.

 
Tyler Durden's picture

Larry Ellison Steps Down As CEO Of Oracle





Unlike Steve Jobs, who almost literally passed away engrossed by his lifetime legacy, his work, that "other" billionaire, Oracle's Larry Ellison, 70 years young, has decided to step aside and focus on the more enjoyable things in life such as buying Hawaiian islands.

 
Tyler Durden's picture

Frontrunning: September 5





  • Euro left reeling after ECB's liquidity splurge (Reuters)
  • Coalition Emerges to Battle Islamic State Militants (WSJ)
  • Ukraine Gas Chief Takes on Gazprom in Race With Winter (BBG)
  • Nato leaders fail to agree spending targets (FT)
  • JPMorgan Had Exodus of Tech Talent Before Hacker Breach (BBG)
  • Mercedes-Benz Sales Rise Despite Weak German Demand (WSJ)
  • Secret Network Connects Harvard Money to Payday Loans (BBG)
  • ICE looks to crack financial data market (FT)
 
Tyler Durden's picture

Unions Are Not Capitalism





Labor unions are a dying breed. According to the Pew Research Center, union membership in America “is at its lowest level since the Great Depression.” In 1983, there were approximately 17.7 million union workers. Today, that number stands at 14.5 million, with every estimate showing a continued downward trajectory. Clearly, the Norma Raes of the world are going extinct. But as Samuel Johnson quipped, one should never dismiss the triumph of hope over experience. With economic growth still staggering, the decline of union membership can’t come soon enough. Freed from the demands of overpaid bargainers, innovation and productivity inevitably rise. Increasing numbers of Americans are migrating to states with less strenuous union laws. When given a choice, workers go where the money is; not where there’s tough talk about bargaining rights. Ayn Rand had unions pegged best when she declared their purpose has never been to empower the average worker. “Unions and trade associations,” she wrote, “are not directed against employers or the public but against the best among their own members.” The goal has never been about “raising the weak in any way whatever, but simply forcing the strong down to the level of the moron.”

 
Reggie Middleton's picture

Apple's Price Hits All-Time High On New Product Speculation, As New Products Are Delayed - Take Your Positions!





Apple hits all time highs on new product speculation as its new products hit production snafus, delaying them while competitors launch major products anyway. This is how to monetize your position!

 
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