Public Notes


Recent Activity

  • Michael shared from The Everything Store: Jeff Bezos and the Age of Amazon by Brad Stone
    Lee Scott, the future Walmart CEO who was then running logistics, told Dalzell that Amazon was a novel idea but that it had limited potential. Don Soderquist, Walmart’s chief operating officer, said that because Amazon didn’t store its own inventory—at the time, it just ordered it from distributors and then quickly shipped it back out—the model would hit a wall once it got to $100 million in sales.
    Note: Why Wal-Mart never got the Internet $WMT $AMZN
  • Michael shared from The Everything Store: Jeff Bezos and the Age of Amazon by Brad Stone
    The CEO of Forrester Research, a widely followed technology research firm, issued a report in which he called the company “Amazon.Toast.”
    Note: Always question the intelligents. Like the rest of us they know nothing
  • Michael shared from The Everything Store: Jeff Bezos and the Age of Amazon by Brad Stone
    The Riggios wore suits and came on strong. They told Bezos and Alberg that they were going to launch a website soon and crush Amazon. But they said they admired what Bezos had done and suggested a number of possible collaborations, such as licensing Amazon’s technology or opening a joint website.
    Note: Arrogant Riggios $BKS $AMZN
  • Michael shared from The Everything Store: Jeff Bezos and the Age of Amazon by Brad Stone
    There is so much stuff that has yet to be invented. There’s so much new that’s going to happen. People don’t have any idea yet how impactful the Internet is going to be and that this is still Day 1 in such a big way. Jeff Bezos
    Note: Day 1
  • Michael shared from The Viral Startup: A Guide to Designing Viral Loops by Andrew Chen
    In other words, you’re much more likely to try things that will fail, if those failures teach you something important about the market.
    Note: Applicable to trading/investing as well. $spread
  • Michael shared from The Viral Startup: A Guide to Designing Viral Loops by Andrew Chen
    And the decision-making process in this approach is totally different. In most product strategy conversations I’ve been involved in, the most heated debates center around whether a particular product will work, and all the pros and cons of the situation. Contrast this to a learning-centric approach, which emphasizes whether or not experimenting with an idea will yield insights, and how much it’ll cost to learn these insights.
    Note: Insight....works with #trading as well. $spread
  • Michael shared from Growth Hacker Marketing: A Primer on the Future of PR, Marketing, and Advertising (APenguin Special from Portfolio) by Ryan Holiday
    “people [who are] thinking about things other than making the best product, never make the best product.”
    Note: About best products.. interesting
  • Michael shared from The PlayBook: An Inside Look at How to Think Like a Professional Trader by Mike Bellafiore
    Daily Routine Morning: • Wake up and check quotes of indices. • Come in and check news via seeking alpha/smbscanner. • Look at volume advancers from day before. • Look at chart for every stock that trades 1 million average volume and above 50c average true range. • Journal: Write down my goal for the day; freewrite about how I’m feeling. Anything else that might affect my trading and ask myself the best strategy to do well for the day. After close: • Chop tracker routine I send you while looking at execution bubbles on my chart. • Journal: How I did on my goal/what I did well/poor/different/my...
  • Michael shared from Insight: JCPenney's 100-year bonds swoon amid retailer's turmoil in the Reuters Business section of Reuters Business by Reuters
    Portfolio manager Bonnie Baha, who heads Global Developed Credit at DoubleLine, said the $57 billion bond house has had Penney bonds on its "avoid" list for years and doesn't buy the argument that Penney's swooning securities don't take into account the value of the retailer's real estate. "In the era of Amazon.com and other online retailing, I don't think much of legacy real estate assets of the Big Box stores," Baha said.
    Note: I agree with this legacy real estate assets statement. $JCP
  • Michael shared from U.S. seeks tighter control over Apple in e-book case in the Reuters Business section of Reuters Business by Reuters
    Apple would also be unable to cut deals with providers of movies, music and TV programs for its iPad tablets and iPhones that would likely increase the prices at which rivals might sell such content. Officials also want to make it easier for consumers to compare e-book prices by requiring Apple for two years to let Amazon, Barnes & Noble Inc and other rivals provide links to their own stores within their iPad and iPhone apps.
    Note: Ouch $AAPL long small
(Cold Spring Harbor, NY United States)
Michael Bigger