Open Thread: Facebook’s Pricing, Privacy & Future
Are you sick to death of Facebook hype yet? Me too! I haven’t heard much about their privacy issues in the mad run up to IPO. (I wonder why that is?) No matter how many times I shut off notifications, raise privacy settings, and remove alerts, Facebook continues to send me email. It seems every...
Facebook Stock Certificate Facebook
Click to enlarge:
Source: DC Entertainment
Hat tip contrabandista
Barron’s Goes Negative on Facebook
“In the short run the market is a voting machine, and in the long run it is a weighing machine.” -Benjamin Graham, regarded as the father of security analysis > With the FB IPO imminent, investor frenzy continues to grow. Given all of this interest, the stock may be a short term trading winner....
Is Global Real Estate Still in a Bubble?
Société Générale’s Albert Edwards discusses global housing prices and the ongoing economic recovery in light of coordinated central bank activity. I like the preface to his discussion: • We have regularly explained that there are two types of market and economic commentator: those who will, if a trend persists long enough, embrace it and extrapolate the...
Just How Big Has Apple Become ?
Click to see full graphic: Source: Daily Infographic
The Largest Private Companies in the U.S.
Via HighTable: > click for larger graphic full graphic after the jump >
Skyscraper Index
Back in February, we looked at the Skyscraper Index Building Bubble. This is the money shot from that report: > Note I posted a small low res shot so as to not overload the servers; if you want to see the full report, click here — otherwise, to see the larger version of...
Jonathan Miller: The Price of Height & Light
Fantastic graphic from Jonathan Miller working with New York Magazine to figure out precisely how much it costs to move up each floor in a NYC high rise: > Click for giant graphic: Source: NY Mag
Jonathan Miller: The Price of Height & Light
Fantastic graphic from Jonathan Miller working with New York Magazine to figure out precisely how much it costs to move up each floor in a NYC high rise: > Click for giant graphic: Source: NY Mag
Spring’s Eternal Optimism – except in Housing
> My Sunday Washington Post Business Section column is out. This morning, we look at the annual premature housing recovery. The print version had the full headline The eternal optimism of spring — except in housing; the online version had the longer Spring brings signs of hope and renewal — except in the housing market)....
The Problem With Home Prices (Part 3 of 5)
All this week, we will be looking at the Housing Recovery meme, challenging the assumptions and data that make up that argument. Monday, we began with Debunking the Housing Recovery Story. Yesterday, we did a Reality Check on Home Affordability. Today, we take a closer look at pricing — where we are, and how much...
Montier on Peak Earnings
Earlier, I mentioned Jame’s Montier’s discussions of cyclical profit peaks and promised to post a few charts (below). You can find the full white paper here, excerpts follow. The key takeaway is that “GMO are firm believers in mean reversion; such record elevation in profit margins causes us much consternation.” All charts and commentary below...
