One thing I detest most about the financial press is the lack of accountability. All sorts of nonsense is said without penalty.

History is replete with examples of tech firms that were marginalized by new companies and technologies.

Rather than engage in the sort of selective retention that so many investors tend to do and pretend mistakes never happened, I prefer to own them. This allows me to learn from them and, with any luck, avoid making the same errors again.

Never forget this simple truism: Forecasting is marketing, plain and simple.

One thing I detest most about the financial press is the lack of accountability. All sorts of nonsense is said without penalty.

The market is going to love it. The market always seems to applaud major mergers, even though the vast majority of them don't work out and don't increase shareholder value.

For those of you who may be unaware, [Michael] Boskin is the economist/weasel/fraud who helped to officially distort the CPI, making it more or less worthless as a measure of inflation. The Boskin Commission... was an act of cowardice. Rather than man up and say fix this, its broken, we can't afford it.