Hey Everybody!
Welcome to Tech Ticker, a daily video-centric blog focused on the incredible world of technology investing. It's a sector that's both kick-ass and kick-your-ass - a place for big dreams, big bets and big disappointments, too. Double, halve or get out of the way.
We're reporting from the center of the action, in Silicon Valley and on Wall Street. Our aim: to bring the stocks and the stories to life - and to reveal the culture of an ecosystem often understood only by those who inhabit it.
Expect Tech Ticker to be both quirky and opinionated. We won't cover everything, and we will evolve.
Our team couldn't be stronger:
Brainy, irreverent and fun, Lacy is a 10-year Valley veteran. She's the author of Once You're Lucky, Twice You're Good: The Rebirth of Silicon Valley and the Rise of Web 2.0, which is being published by Gotham Books in May 2008. A former reporter for BusinessWeek, she continues to write a biweekly column for BusinessWeek.com called "Valley Girl."
This star markets commentator covered Wall Street for a decade at TheStreet.com, including a stint as San Francisco Bureau Chief. He is a frequent guest on Fox Business News, MSNBC, ABC and other outlets. His daily markets podcast "The Real Story" was an award winner on iTunes, and you'll love him here, too.
You know the history. Now meet Henry Blodget 2.0, author of the award-winning blog, Internet Outsider and now CEO of Silicon Alley Insider. Outspoken, battle-tested and funny, Henry is a true gentleman. During the dot-com boom, Henry was the #1 ranked Internet analyst on Wall Street. Later he was cited in the wide-ranging complaint about industry conflicts of interest (see http://www.sec.gov/). Henry graduated from Yale.
Brilliant, hilarious and contrarian as they come. A former Morgan Stanley analyst, Andy later turned $100 million into $1 billion as co-founder of a technology hedge fund. He began his career designing chips at Bell Labs. Andy is the author of the bestselling Running Money, as well as Wall Street Meat and most recently, The End of Medicine. In addition, we'll have contributions, both in text blogs and video, from friends and Yahoo! Finance content partners including industry watcher Paul Kedrosky, the teams at AllThingsD, paidcontent.org, Fox Business News and CNBC. We're excited to work with our fellow bloggers, business journalists and Wall Street pros.
We're a small startup within Yahoo! Finance, the gold standard among financial Web sites. We are Yahoo! Finance boosters (we rock!), but that won't translate into favoritism when it comes to covering Yahoo! as a company or an investment. From Jerry Yang on down, executives here have given us not only the freedom, but the mandate, to call it as we see it.
And that brings us to the most important member of the team: YOU! We're counting on you to tell us what's working and what's not, and what you want to see. We can't wait to hang out every day with you.Welcome to the show!
Cheers,
Diane Galligan and the rest of the Tech Ticker editorial team
Tech Ticker puts CNBC to shame. Much more entertaining.
GOP Ryan's budget wants to cut taxes for the rich 2 trillion over ten years. Again,cuts 6.2 trillion from Medicare/Medicaid. Bottom line poll shows 2 to 1 support for raising taxes on the wealthy and 4 to 1 no cutting Medicare/Medicaid. The big lesson for Obama is he signed the Bill to give away to the top rich people for two years $345 billion in FREE taxes and he cut $38 Billion from the American workers. WAKE UP OBAMA!
Hey Arron and Henry ,
Why don't you guys do a article about shareholders rights regarding offerings such as convertible debentures. It seems the
companies don't offer their own shareholders a piece of the pie before it is brokered and sold to others.
Shouldn't share holders get a pro-rata chance first?
If nothing else it would reduce brokerage fees.
I had GE and would have taken the Buffet deal .
BHS did give their shareholders a pro-rata offering that has worked out great for a small investor like me. Maybe thats why we don't get these chances cause they work????
Mr Task seems to have swung HARD RIGHT in the last few weeks. Is this a dictum from your puppetmasters, Aaron?
You guys are about to lose me as a regular viewer.
Larry Miller
Aaron and Henry,
In my opinion both of you are doing a nice job. I like your style and the way you conduct your section at the Tech Ticker. I enjoy the stories, interviews and economic issues that you bring on the table. I do find them most of the time very interesting.
I normally try to find your video every morning when I have to check my stocks at yahoofinance. I never miss interviews to guests like Mr. David Davidowitz or Rithholtz because they give you a different perspective, make you think, and you learn something after the conversation. Keep up the good effort. Sincerely,
Eduardo Sosa
Mexico City.
Saludos!
Aaron why doesn't your email address work?
Everybody's got an opinion. Most of them are wrong. If you follow housing foreclosures and sales numbers you will see that a few months after record foreclosures the sales numbers increase. Perhaps this is the unloading of foreclosed homes by lending institutions? If the stock market is up on light volume, and the P/E ratio is high relative to historic numbers, perhaps it is a "sucker's rally"?
Some things are certain. Taxes will increase over time. The government will become larger. We will all eventually pass away. Everything else is just a guess.
Tech Ticker is a far cry from good financial reporting. As a Financial Advisor they tend to be off with economic figures and they seem to be guessing about how bad its going to be. Every time they talk about the Doom and Gloom the real economic figures are actually better than they report. They only tell you half of the story -Its about Bad News-Bad News Sells but never explain
the positive factual sides of the economy so they are alittle weak when it comes to Good Financial Reporting. I usually turn these guys off. Aaron and Henry would have a difficult time getting a reporting job at a reputable firm but their on Yahoo "What Can You Say". Arron and Henry what about historically great corporate earnings(you never talk about that). What about at least 90,000 jobs created per month in the economy. Not high but it is recovery. What about Stock prices at Great prices. What about record productivity which is the mothers milk of the economy. How about consumer spending which is consistently good. You guys always spin it to sell your cheap show. Unfortunately the public doesn't know you guys are trying to sell your bad news in order to stay on the internet. However financial advisors like myself knows that it is entirely alot better that what you guys let on. Its about turning you guys off and the only reason why you guys are in the news is that Yahoo Financial which reports factual data will allow you on there web site. Bloomberg, Moodys,MSN, Morningstar,Standard & Poor would have you tared and feathered and take you off immediately.
Well, as is the new status quo of online news and analysis, if there is a way to directly contact any of the Finance reporters or staff, it is well and truly hidden. Doubtless this is to discourage even digital contact from all the smelly electrons pouring off the hoi polloi.
I would have privately contacted Aaron Task about what is to me a grammatical error so elementary as to be embarrassing. Not my purpose to embarrass him. But this is apparently the way Yahoo wants it. So...
Aaron Task's Sept. 28 article, "US Economy 'Close to Destructive Topping Point', Glenn Hubbard Says", contained the following gem: "Hubbard, dean of Columbia Business School, joined Dan Gross and I...". I read no further. Hold that thought.
As to the quote, would you really say, "Hubbard, dean of Columbia Business School, joined I...". I hope you wouldn't...except that you already did in your article. I wonder how many similar such errors you've committed to print?
For some perverse reason, this particular grammatical error of confusing the subjective first-person singular pronoun ("I"), with the objective first-person singular pronoun ("me"), seems to afflict those in the public eye at a much greater rate than regular folks. It's bizarre, but apparently the talking heads and keyboard-tapping wretches think that almost always using "I" and "we" just "sounds better". More refined. Better educated. Sweet Jesu, help me now.
I'm not going to go back over the grammar rules about how and when we use I and me. It's pretty simple, and I hope you knew the rules but overrode your education so that you would sound like the folks on network news.But if you need a refresher course, just stop any 4th Grader and have him or her (you noticed I did NOT say "he or she") bring you up to speed.
Now, if you're an ignorant jackass, this is the place where you say something about "grammar nazi". Yuckitty yuk yuk yuk. But I suspect you're beyond that. And you know that it matters to you. A lot, actually, because in the information and analysis game, it's very easy for a reader to say, "Why should I read what this guy has to say about the economy if he knows even less grammar than my 4th Grade kid?" And you know a lot of folks think that way. And the're not necessarily wrong. Or even unduly harsh.
Because when you're in the word business, you've got to know the rules by which we use those words . Simple as that. Shame on your editor and/or prooifreader too for not knowing any better either.
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