Monday, September 29, 2008

Google tumbling

Google slashed my page ranking to 0 this weekend. This is the greedy and monopolistic behavior that has typified Google's urge to dominate the market by all means possible. What they fail to realize is that the markets are intertwined and that if you screw the little guy, you inevitably end up screwing yourself as well. Unfortunately, proof of this came no sooner than today when the stock market further slashed Google (and the rest of the intertwined, overvalued crap) to under $400. With the economy shrinking, does this overpriced has-been think that their brutally enforced ad revenues will keep on increasing? Or that people will buy their shitty phones?

I have reached 0, but they still have a ways to come down. Just a few weeks ago, I recommended selling GOOG at $500. If you happen to own this overinflated stock in your retirement fund, I suggest you offload now while you can still get $400 and buy back again under $300. And then hope that they learn from their mistakes.

Friday, September 26, 2008

If they could take it back

Hopefully the financial turmoil will have disappeared from the headlines by November 9, when the November Nine are scheduled to play out the Final Table of the 2008 World Series of Poker. In retrospect, picking a date 5 days after a presidential election was a gamble. Throw in the possibility of future financial and political upheaval, and you have a recipe for potentially very low ratings for ESPN.

Saturday, September 20, 2008

Mission aborted

Yesterday I turned up at the airport only to find that there were no tickets for our party of 12. Apparently the secretary of the Las Vegas chapter of Gamblers Without Borders, who had been assigned the task of arranging travel and accommodation, decided instead he would risk our $30,000 in online heads-up play against durrrr. The gamble didn't pay off, but kudos to him for trying.

Thursday, September 18, 2008

Volunteerism

I will be flying to Africa tomorrow for 2 weeks as head of a Gamblers Without Borders mission. We will be based primarily in northern Uganda and southern Sudan, where we will be giving free courses in Texas Hold'em, Razz and money management.

Sunday, September 14, 2008

Sunday nights on Wall Street

Regulators spent the weekend at the headquarters of the New York Federal Reserve in downtown Manhattan, huddled together with the top echelons of the banking and financial community, frantically trying to come up with solutions to the Lehman, Merrill, AIG, WAMU, .... messes.

I spent the weekend huddled together with some gamblers and drifters. Apart from the 3,000 miles that separated us, I felt we had a lot in common.

Sunday, September 07, 2008

Moving in

Moved into my new quarters yesterday, just below the I15 overpass near Decatur. I am told there is a great WiFi spot 50 feet from here. But first things first - I'm more concerned with tonight's dinner at the moment. And why I stubbornly continue to play above my limits.