I assume most of you have seen The Godfather Part II. In it, the character Hyman Roth (who is modeled after Meyer Lansky) tells MIchael Corleone, “We’re bigger than U.S. Steel” (which was actually a direct quote from Lansky regarding the mafia).
Well, times have changed. Take a look at US Steel, which today hit the lowest level of any data I can access:
The most amazing part of all? Amazon’s price rise today (to yet another lifetime high) was nearly five times the entire market cap of U.S. Steel. We live in interesting times, don’t we?
What a day! Well, look, I’ve been going hard since 4:44 a.m., and I’m going to take a much-needed siesta (or at least catch up on my reading). I’ll be back later to do a new post, which will probably take the form of a video. Time for a bit of rest.
This is a continuation of the story I began yesterday.
The year is 1985. The place is Cupertino, California. The boy is Tim Knight, now 19 years of age and ready to start a chain of personal robot stores called The Robot Center. He’s got the time. He’s got the drive. But he doesn’t have the money.
When I started this blog nearly eleven years ago, my intent was to share trading ideas and charts. Given the tens of thousands of posts that have taken place over that time, naturally some other content has entered the picture. Although I tend to keep my personal life rather private, I do like to share chunks of my life that I think are interesting and, possibly, instructive. This is one of those times.
It’s amusing to me that this is a tale that’s never occurred to me to share. I often worry about running out of things to say, since I’m not sure how many times I can successfully dip the ladle into the water barrel of my pathetic and tragicomic life and draw out something worth sharing. This story, however, occupied about a year of my existence, and although I haven’t planned out what I’m going to say yet, I’ve already decided this is probably going to require two posts to get through it all. So here goes:
With all the grousing and grumbling I do here, I thought I’d change my tone and write up a genuinely positive, optimistic post. This has to do with an element of what I think will be a tectonic shift over the next twenty years: transportation.
As dull as that sounds, I think the changes that take place in how we get people (or cargo) from point “A” to point “B” are going to be more profound that Amazon, Facebook, and the iPhone put together. My insight, if you want to be generous enough to call it that, is spawned from a couple of (as is typical for me – – negative) observations I make on a periodic basis.
As my son has been growing up, it is starting to dawn on me what an important responsibility I have to him as a father to make sure he watches the key movies of (male) society so he’s armed with crucial cultural references. I’ve put together a starter list of 37 movies off the top of my head. I’d be interested to know what other suggestions you might have. UPVOTE any movies you see in the comments section with which you agree. Maybe I’ll make the final list a permanent part of the blog.
Hi Slopers – – – I’m a dog fan, as many of you know, and my ninth (!) dog, Coda, was adopted from Doggie Protective Services. The woman who runs the organization emailed me earlier this week (the emphasis is mine):
In September our rescue van was totaled in an accident. A 22 year old was texting and cut in front of our van and both vehicles were totaled. Our insurance paid off our van but left very little for even a down payment. Our van is our means of transportation. We have been unable to rescue dogs or transport them since the accident.
We travel to No CA from So CA 3x’s a month and to Las Vegas 1-2 times a month. The van is used for all rescuing, vetting, grooming, adoptions of the dogs and/or cats. We also use it to collect donations, purchase large quantities of food, etc. We have placed almost 1000 animals this year alone and without the van we wouldn’t be placing even 50.
We rescue dogs who would otherwise be euthanized in the high kill shelters in So CA and because there is much more of a market for them in NO CA we transport them there. We are no longer able to do that and we can’t take in abandoned, abused and neglected dogs like Coda, right now. We need a means to transport them.
Will you join me in helping out? I have no affiliation with these folks except as a person who has adopted one of their “difficult” dogs. Click here for the link. Thank you!