Tag Archives: cook

After 9 Months Of Abstinence I Had To Take A Bite, Albeit A Very Little One, Of AAPL.

Anura Guruge, June 8, 2013.applebitten767
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by Anura Guruge


Related Posts:
>> No longer own AAPL
Sept. 11, 2013.
>> AAPL, the conspiracy theory …
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Jan. 25, 2013.

>> No longer trust Apple …
>>Jan. 24, 2013.


After the split Apple (AAPL) looked somewhat delicious. The last time I had bought AAPL, c. 2007, I had done so when it was below $100. Well it was back below $100 again. Though I hadn’t owned it since September of last year, once I sold it after sextupling (and get you mind of the gutter) my investment (since I had also written a LOT of options against the stock I owned), I still kept an eye on it. The momentum was again in its favor.

I only bought a ‘couple’ of shares. So no great investment. I am keeping an eye on it. I also bought a ‘couple’ of AT&T (‘T‘) stocks at the same time.

These really are my ‘Mad Money’ stocks. Just a ‘couple’ here and there. Not part of my core investment portfolio. I have, in my dotage, stopped being frivolous with the ‘core’. You can only afford to throw away two or three fortunes in your lifetime. As some point you have to buckle down and take this investment thing seriously. But, for the record, I just had to let you know. I again have AAPL.

What a market. Cracks me up. Feel real bad for the folks that got spooked away after the trials and tribulations of 2008 to 2010. Seems SO FAR away.

For The First Time In 7 or 8 Years I Am No Longer An Apple (APPL) Shareholder. Do Not Trust Tim Crook.

Anura Guruge, June 8, 2013.RottenApple

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by
Anura Guruge


Related Posts:
>> AAPL, the conspiracy theory …
>>
Jan. 25, 2013.

>> No longer trust Apple …
>>Jan. 24, 2013.


No, I did not sell this morning when it was already down $25+.

I sold ten minutes into the announcement yesterday. I tried to time it and set a market limit. In the end I decided I was just going to pull the trigger rather than wait. I didn’t get the peak but I was within $3 of it.

i did not lose any money. I had bought this batch of AAPL shares in 2005 or 2006 when the price was below $75. I think I have told this story before. I had an 80(+) neighbor (in Gilford, on Varney Point), ex-FAA, WWII POW, named Milt Cram, who, quite rightly, prided himself as quite a stock picker — and he sure did pick them. He used to watch CNBC all day. Around 2005 (or 2006) he told me that he told one of his granddaughters that she should try and buy at least ONE share of AAPL. Got me thinking. I could afford more than one share, so I bought 100. Over the years I wrote a lot of options against that allocation. I also bought more … sold some … bought more. But, I basically rode it up from $75.

Last year I sold 57% of my holdings at around $620. My son, the new stock whiz, gave me grief that I should have sold it earlier. But, I have found to my cost that you can’t invest in hindsight.

I am done. There is no glory in holding AAPL anymore.

We are NOT Apple consumers or users. So, sod it.

Do not trust Tim Crook, he is cooking the books.

I haven’t done any stock picking in ages. My son, who is now in the process of trying to start a hedge fund, has sent me plenty of suggestions.

It was kind of funny, in a sad way, to watch AAPL fall this morning. So glad that I sold.

We Dodged Another Recession. 4Q 2012 GDP Was Positive. Barely. The Bare Minimum. But, Positive. So No Blizzard Related Recession.

Dec2013x125

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Anura Guruge


Related post:
Blizzards Biggest Fallout: A Possible Recession! — Feb. 10, 2013.


See that little blip at the very right. ‘0.1’. That was 4Q 2012 GDP. Never mind that it was 0.1, the smallest number that they can report. It was positive. We are in the clear for another quarter. Click to ENLARGE.


I had been meaning to write about this for 11 days since the REVISED 4Q GDP for the U.S. was released on February 28, 2013 — the day that the old pope, Benedict XVI (#266) officially resigned and left the Vatican. Suffice to say I have been crazy busy with pope stuff and continue to be.

I was waiting for the number. I was lying in bed, drinking my coffee, with CNBC on. When the number came in I gagged, more out of amusement than anything else.

I am so glad that after 4 years in power the Obama White House has finally come to realize that these are THEIR NUMBERS and a little bit of steaming, if not outright cooking, is OK — even expected. What is the point of being in power if you don’t abuse it — a bit.

The initial, first-cut reading of 4Q GDP, given Hurricane Sandy, at been negative. That was not good. Two quarters of back-to-back negative GDPs and we are automatically in a recession.

I was worried that the Blizzard Nemo might do to 1Q 2013 what Sandy had done to 4Q. That would have meant a recession. Not good for any of us, politically or financially.

But, common sense obviously prevailed in D.C., particularly at the W.H. Revise the 4Q GDP to 0.1%.

Everybody is now happy. It is positive. Even if 1Q 2013 comes in negative we are in the clear — since 2Q looks ‘OK’, sequestration or no sequestration.

Stock market is doing good, though my son, the new stock market wizard (with impressive results), got me to short the market on Friday. I indulged him, as I am wont to do. What is the point of having kids if you don’t indulge them. Of course there has to be a correction soon. So he will be proved right. Question is how much money we would have made by shorting. I, being poor, didn’t ‘bet’ that much. Don’t have the money. He was betting 2.5 times more than me. I am happy. I am the one who told him, about a year ago, that he, given the way his brain works, will be good at stocks. After a shaky start he is looking impressive. I could see a Guruge Hedge Fund in the future. That would be a riot. The ONLY other Sri Lankan I know who had a hedge fund is now in jail! But, Matthew has a different pedigree.

Kate Middleton, The Princess And Her Hats With Maddy Prior & ‘All Around My Hat’

Anura Guruge, laughing, picture November 16, 2011.

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..by Anura Guruge


LAST related post (do a blog ‘Search’ for the others >>>>):
  Kate Middleton (Future Queen): Latest Pictures, Prank Call, …
>>Dec. 6, 2012.

  Kate Middleton Pictures — The Link … — Sept. 16, 2012.


Click to listen to Maddy Prior and Steeleye Span signing "All Around My Hat" while the lovely Kate swaps hats.

Click to listen to Maddy Prior and Steeleye Span signing “All Around My Hat” while the lovely Kate swaps hats.


We just got back from ‘Revels‘ at Dartmouth. Stupendous. Heart warming. Deanna was bopping and she doesn’t bop to much these days. So it had to have been good. Kids liked it. I got up, as usual, and did the ‘Lord of the Dance‘ line dance with the cast and the brave souls from the audience. Always fun. Given its Irish setting I was familiar with many of the songs. I was delighted to see that 14th song was ‘All Around My Hat‘ an old English ballad. It used to be one of my favorite songs, introduced to me by a group that I used to be fanatical about during most of my 20s: the incomparable, electric-folk ‘Steeleye Span‘. I first saw them, in London, kind of by accident, when I was about 17. I thought they were the cat’s whiskers. Over the next 12 or 13 years I followed them, making sure to see them in concert at least once a year. I am sure there were years when I saw them 3 or 4 times in one year, maybe even twice in a month. I thought that their lead singer Maddy Prior was the most amazing lady, ever. In the early 70s, while attending University in Swansea I learned to ‘cook’ (push) ISO 400 Kodachrome and expose it as ISO 1600 just to take pictures of her (many of them up her skirt because I would be standing below her while she was twirling, her trademark long skirt swirling, on stage). I think I had over 300 pictures of her. Anyway, to me, nobody can do ‘All Around My Hat‘ as well as Maddy. Period. The three gentleman who did it today did a gallant job, doing it in the traditional way. It was good, but were nowhere even close to Maddy in the 1970s — and I have heard her sing it live at least 20 times. So I went looking for Maddy on YouTube. Found this. It is the ultimate blend. Maddy’s voice with Kate’s pictures. I wanted to share ‘All Around My Hat‘ with you, and this seems like the perfect way to do it.