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Showing posts from December, 2014

Understanding the Mutual Fund Industry + their games

Ever look at Mutual Fund prospectus and all the high star funds that they have by their names? All the four and five star funds they have, some of which have outperformed the S+P 500 over the last few years by a decent margin? What a well managed company you might think to yourself, I'm giving them my money.
What you don't know is that companies regularly close underperforming funds, and eliminate all traces of them from their marketing brochures. They start five funds, only one of which will outperform the market, and then close down the others and market to you how awesomely they've performed.
This sleight of hand is not terribly different than the sports picker with a database of 800,000 who sends "FREE guaranteed picks" except he sends out one side to half, and the other side to the other half. Now he has 400,000 people he's successfully picked for, repeat the process, eliminate half, and now repeat til you're down to 100,000 potential people you, the…

Apple's IBeacon system Seems to be a Hit in early Testing

When we look for stock's to invest in you want to look at companies that continue to make incremental improvements that benefit their customers.  Though it's obviously the most followed company in the world, and the change to bottom line revenue will be tiny (especially at first) early tests show that Apple's IBeacon system is possible dynamic changer of businesses.   Try not to get caught up in the day to day movements of stocks and look for the long term. Apple is a well managed company that continues to improve.  This source of the below info is taken from a column in Forbes which I have sifted through for and am quoting the most relevant info. 

And Finally… Fries With Your Phone? Apple’s iBeacon system is slowly gaining prominence with architects and retailers. A recent trial with McDonlads shows how much of an impact the software system mixed with low-energy Bluetooth hardware can have on consumer interactions. Push an offer to them, and the conversion rate is close to…