PDC10 starts in just two days. This year, PDC is being held at the Microsoft campus here in Redmond, and everyone here is very excited about it. While it sold out weeks ago, you shouldn’t feel bad if you aren’t able to attend the event in person. This year ALL sessions are streamed live and will be available on demand as well. That’s right—you will be able to see any session you choose to as well as use the special player the team built to ask questions. So make sure you block out some time to view these great Windows Phone sessions.
Streamed Sessions
Things I Wish I Knew Three Months Ago about Building Windows Phone 7 Applications
Jaime Rodriguez Thursday, 2:00 PM - 3:00 PM (GMT-7) (Add to your calendar)
The Windows Phone clients for Twitter and Facebook are two new, native-looking Windows Phone applications. Come hear about all the lessons learned while developing these applications. Gain insights about the UX as well as development/architecture patterns for building great, well-behaved, native-looking Windows Phone 7 apps.
Optimizing Performance for Silverlight Windows Phone 7 Applications
Oren Nachman Thursday, 3:15 P.M. - 4:15 P.M. (GMT-7) (Add to your calendar)
Hear about the key tips, tricks, and common mistakes that we uncovered by analyzing several real world applications. See demos of how real apps are debugged. Also learn how to write world class applications with animations running at 60fps.
Things You Need to Know Before Building XNA Games for Windows Phone 7
Shawn Hargreaves Friday, 11:30 A.M. - 12:30 P.M. (GMT-7) (Add to your calendar)
So you have a cool idea for a game. This session covers some of the less obvious things you will need to know to turn your idea into reality when using XNA Game Studio for Windows Phone. Topics include how to choose the best orientation and resolution, how game content differs from typical productivity or web applications, how to deal with tombstoning, how to speed up load times, and how to proceed if you are interested in getting access to Xbox LIVE on the phone.
Real-World Analysis and Optimization of XNA Framework Games on Windows Phone 7
Jeff Petkau Friday, 2:00 P.M. - 3:00 P.M. (GMT-7) (Add to your calendar)
Good code design, performance tips, and a solid understanding of the platform are all essential to game development. Learn how to use the Microsoft Advanced Technology Group's (ATG) battle-tested techniques to find and fix performance-killing issues in Windows Phone 7 XNA Framework game code. Also, hear about real-world analysis and optimization of XNA Framework games on Windows Phone 7.
3-Screen Coding: Sharing Code between Windows Phone, Silverlight, and .NET
Shawn Burke Thursday, 4:30 P.M. - 5:30 P.M. (GMT-7) (Add to your calendar)
Get a preview of upcoming Visual Studio features that will allow you to share code between Microsoft .NET platforms. You’ll learn how to structure applications to maximize the amount of shared code, how to write an app that’s used across Silverlight Desktop and Windows Phone, and how to build business logic and helper functions that work across all 3 screen types plus the cloud.
Building Windows Phone 7 applications with the Windows Azure Platform
Steve Marx Thursday, 11:30 A.M. - 12:30 P.M. (GMT-7) (Add to your calendar)
Learn how to build Windows Phone 7 applications that are backed by scalable cloud components hosted in Windows Azure. This demo-heavy session will cover best practices relating to communication, authentication, and data synchronization between phone applications and cloud components.
On Demand Sessions
The Rich Mobile Web – Today and Tomorrow
Joe Marini (On demand recording)
Learn how to plan and design for today's - and tomorrow's - Rich Mobile Web, whether you have an existing site that you want to get mobilized or are starting from scratch.
Making Money with the Windows Phone Marketplace
Karen Luk (On Demand recording)
In Windows Phone 7, Microsoft provides a central mechanism for distributing your application or game to all Windows Phone users: the Windows Phone Marketplace. In this session, we’ll review the high level workings of the Marketplace, but more importantly, we’ll drill deep into the functional criteria your application must meet, and the practices you should use in order to meet them.
If you cannot attend PDC, but were thinking about heading to DevConnections next week in Las Vegas, you should be sure to attend the Windows Phone 7 Workshop and Track. The event kicks off Nov 1st and runs through Nov 4th. Mobile Communications Business Vice President Joe Belfiore will be kicking off the Workshop, which has content intended to get you up to speed on designing and building amazing apps for Windows Phone 7. The Workshop is being hosted by Shawn Wildermuth of AgiliTrain. There will also be a full slate of sessions delivered by Microsoft engineers for the Track.
First of all, apologies for the fuckawful headline pun, but some days
you simply have to play the cards you are dealt. That said, the market
was quiet today as it digested marginal macro news and even more
marginal earnings news while it continues to wait for next week's QE2
which promises to be a worse proposed sequel than Amistad II: The Return Trip Home.
On the QE2 front, New York Fed President and voting member of the FOMC member William "Dollar Bill" Dudley got his college on today at Cornell University (known as the Harvard of Ithaca, NY) where in a speech he said "The Fed cannot wave a magic wand and make the problems remaining from the preceding period of excess vanish immediately." He then explained "For
the millionth time, we're not magicians, we're fucking witch doctors so
we don't waive magic wands, we dance around fires and chant
incantations to the great Jobu. Come on people, that's Wiccan 101 shit for you."
Dudley went on to say that QE2 would be unwarranted unless "the
economic outlook were to evolve in a way that made me more confident we
would see better outcomes for both employment and inflation before too
long." And with that, Money McBags can see why some teabaggers want the Fed to be shut down since evolution is a myth and thus the economy can't evolve, it can only intelligently design itself to something better and do you trust these people to design anything intelligently?
As far as tangible macro news, consumer confidence rose
slightly last month off of an unsurprisingly downwardly revised number
and still remains near record lows as most consumers are only confident
that the economy is getting worse than Bob Guccione's
lungs (and Money McBags tips his jimmy hat to the great media mogul).
Digging in to the number shows that the "jobs hard to get" index rose
to 46.1% from 45.8%, the "jobs plentiful" index slipped to 3.5% from
3.8%, and the "jobs you're never going to get again" index rose to "oh
fuck I'm screwed."
In other macro news, the Case Schiller index weakened,
in what Money McBags calls the "no shit Sherlock" fact of the day.
While the index rose 1.7% y/y which was below analyst guesses of 2.1%,
it fell .2% sequentially or .3% on a seasonally adjusted basis. But
here is what Money McBags loves most about the data, per the NY Times "S.& P. announced earlier this year that the unadjusted numbers were a more reliable indicator."
So riddle Money McBags this Mr. Case, Mr. Schiller, and Standard and
fucking Poor's, if the seasonally adjusted numbers are a worse indicator
than the non-seasonally adjusted numbers, WHY THE FUCK DO YOU BOTHER
ADJUSTING THEM? That is more mind boggling than the fact that they just
now stopped making the Sony Walkman.
Seriously, why take shitty, dated, questionable data in the first
place, and manipulate that data to make it even more worthless? It's
like whatever the opposite of putting lipstick on a pig is (perhaps
putting Rosie O'Donnell in a bikini or Alan Greenspan on CNBC?). So
while the adjustment didn't matter this month, making data worse and
then presenting that data as relevant can be more misleading than
something called naked table building
(which apparently involves no nudity, but plenty of wood), so why it is
done is more perplexing to Money McBags than anything involving Randy Quaid.
One other piece of interesting news is that Warren Buffett, the original inspiration for the hit show Sister Wives, picked a successor
to run the investment side of Berkshire Hathaway, a company that never
saw a bail out it couldn't manipulate. The successor is a 39 year old
named Todd Combs (and we're told he's no relation to Sean "Puffy" Combs) who won the competition to
be the next curmudgeon after blowing Buffett away with his financial
stock selections, his refusal to tip more than 13% for subpar service,
and his stunning closing statement in the debate part of the competition
where he vociferously argued the affirmative side of "Dodd was Graham's bitch."
Internationally, Standard and Poor's raised their outlook for Britain to AAA after running in to Lucy Pinder
in a Heathrow bathroom. In addition to the ratings upgrade (though
Money McBags cares what S&P rates Great Britain about as much as he
cares what Stevie Wonder rates a fireworks show), Britain saw GDP
expand by 0.8% from the previous quarter which was double analyst
guesses and a result of the first dentist opening up shop in the
country.
In the market, F posted their 6th consecutive profitable Q,
announced they will be paying down debt, and then reiterated that GM
and Chrysler are a bunch of ass hats. In WTF earnings of the day, Coach and Royal Caribbean Cruises
both shot up 10%+ after putting up strong quarters in a signal that
either the economy is not as weak as Money McBags thinks, or well,
simply WTF? Elsewhere, steel makers were all down today as US Steel
warned that demand was slowing, prices were falling, costs were rising,
and no one is building shit anymore. And finally investment banking losses at UBS
drove the stock down as revenue dropped in fixed income, currencies,
commodities, and everything else people are no longer trading as they
flock to gold while the market dances to beat of the algorithm of the
night.
For more bad puns and some small cap analysis, check out Money McBags at the award winning When Genius Prevailed.
eric seiger
Kinect selling out fast Xbox 360 <b>News</b> - Page 1 | Eurogamer.net
Read our Xbox 360 news of Kinect selling out fast.
Keith Olbermann suspended after donating to Democrats - Simmi <b>...</b>
Olbermann has been suspending indefinitely after violating NBC's ethics policies.
Fox <b>News</b> Ratings on Election Night Beat Networks - NYTimes.com
The Fox News Channel's midterm election coverage attracted more viewers than any of the broadcast networks' coverage, according to the Nielsen Company.
eric seiger
PDC10 starts in just two days. This year, PDC is being held at the Microsoft campus here in Redmond, and everyone here is very excited about it. While it sold out weeks ago, you shouldn’t feel bad if you aren’t able to attend the event in person. This year ALL sessions are streamed live and will be available on demand as well. That’s right—you will be able to see any session you choose to as well as use the special player the team built to ask questions. So make sure you block out some time to view these great Windows Phone sessions.
Streamed Sessions
Things I Wish I Knew Three Months Ago about Building Windows Phone 7 Applications
Jaime Rodriguez Thursday, 2:00 PM - 3:00 PM (GMT-7) (Add to your calendar)
The Windows Phone clients for Twitter and Facebook are two new, native-looking Windows Phone applications. Come hear about all the lessons learned while developing these applications. Gain insights about the UX as well as development/architecture patterns for building great, well-behaved, native-looking Windows Phone 7 apps.
Optimizing Performance for Silverlight Windows Phone 7 Applications
Oren Nachman Thursday, 3:15 P.M. - 4:15 P.M. (GMT-7) (Add to your calendar)
Hear about the key tips, tricks, and common mistakes that we uncovered by analyzing several real world applications. See demos of how real apps are debugged. Also learn how to write world class applications with animations running at 60fps.
Things You Need to Know Before Building XNA Games for Windows Phone 7
Shawn Hargreaves Friday, 11:30 A.M. - 12:30 P.M. (GMT-7) (Add to your calendar)
So you have a cool idea for a game. This session covers some of the less obvious things you will need to know to turn your idea into reality when using XNA Game Studio for Windows Phone. Topics include how to choose the best orientation and resolution, how game content differs from typical productivity or web applications, how to deal with tombstoning, how to speed up load times, and how to proceed if you are interested in getting access to Xbox LIVE on the phone.
Real-World Analysis and Optimization of XNA Framework Games on Windows Phone 7
Jeff Petkau Friday, 2:00 P.M. - 3:00 P.M. (GMT-7) (Add to your calendar)
Good code design, performance tips, and a solid understanding of the platform are all essential to game development. Learn how to use the Microsoft Advanced Technology Group's (ATG) battle-tested techniques to find and fix performance-killing issues in Windows Phone 7 XNA Framework game code. Also, hear about real-world analysis and optimization of XNA Framework games on Windows Phone 7.
3-Screen Coding: Sharing Code between Windows Phone, Silverlight, and .NET
Shawn Burke Thursday, 4:30 P.M. - 5:30 P.M. (GMT-7) (Add to your calendar)
Get a preview of upcoming Visual Studio features that will allow you to share code between Microsoft .NET platforms. You’ll learn how to structure applications to maximize the amount of shared code, how to write an app that’s used across Silverlight Desktop and Windows Phone, and how to build business logic and helper functions that work across all 3 screen types plus the cloud.
Building Windows Phone 7 applications with the Windows Azure Platform
Steve Marx Thursday, 11:30 A.M. - 12:30 P.M. (GMT-7) (Add to your calendar)
Learn how to build Windows Phone 7 applications that are backed by scalable cloud components hosted in Windows Azure. This demo-heavy session will cover best practices relating to communication, authentication, and data synchronization between phone applications and cloud components.
On Demand Sessions
The Rich Mobile Web – Today and Tomorrow
Joe Marini (On demand recording)
Learn how to plan and design for today's - and tomorrow's - Rich Mobile Web, whether you have an existing site that you want to get mobilized or are starting from scratch.
Making Money with the Windows Phone Marketplace
Karen Luk (On Demand recording)
In Windows Phone 7, Microsoft provides a central mechanism for distributing your application or game to all Windows Phone users: the Windows Phone Marketplace. In this session, we’ll review the high level workings of the Marketplace, but more importantly, we’ll drill deep into the functional criteria your application must meet, and the practices you should use in order to meet them.
If you cannot attend PDC, but were thinking about heading to DevConnections next week in Las Vegas, you should be sure to attend the Windows Phone 7 Workshop and Track. The event kicks off Nov 1st and runs through Nov 4th. Mobile Communications Business Vice President Joe Belfiore will be kicking off the Workshop, which has content intended to get you up to speed on designing and building amazing apps for Windows Phone 7. The Workshop is being hosted by Shawn Wildermuth of AgiliTrain. There will also be a full slate of sessions delivered by Microsoft engineers for the Track.
First of all, apologies for the fuckawful headline pun, but some days
you simply have to play the cards you are dealt. That said, the market
was quiet today as it digested marginal macro news and even more
marginal earnings news while it continues to wait for next week's QE2
which promises to be a worse proposed sequel than Amistad II: The Return Trip Home.
On the QE2 front, New York Fed President and voting member of the FOMC member William "Dollar Bill" Dudley got his college on today at Cornell University (known as the Harvard of Ithaca, NY) where in a speech he said "The Fed cannot wave a magic wand and make the problems remaining from the preceding period of excess vanish immediately." He then explained "For
the millionth time, we're not magicians, we're fucking witch doctors so
we don't waive magic wands, we dance around fires and chant
incantations to the great Jobu. Come on people, that's Wiccan 101 shit for you."
Dudley went on to say that QE2 would be unwarranted unless "the
economic outlook were to evolve in a way that made me more confident we
would see better outcomes for both employment and inflation before too
long." And with that, Money McBags can see why some teabaggers want the Fed to be shut down since evolution is a myth and thus the economy can't evolve, it can only intelligently design itself to something better and do you trust these people to design anything intelligently?
As far as tangible macro news, consumer confidence rose
slightly last month off of an unsurprisingly downwardly revised number
and still remains near record lows as most consumers are only confident
that the economy is getting worse than Bob Guccione's
lungs (and Money McBags tips his jimmy hat to the great media mogul).
Digging in to the number shows that the "jobs hard to get" index rose
to 46.1% from 45.8%, the "jobs plentiful" index slipped to 3.5% from
3.8%, and the "jobs you're never going to get again" index rose to "oh
fuck I'm screwed."
In other macro news, the Case Schiller index weakened,
in what Money McBags calls the "no shit Sherlock" fact of the day.
While the index rose 1.7% y/y which was below analyst guesses of 2.1%,
it fell .2% sequentially or .3% on a seasonally adjusted basis. But
here is what Money McBags loves most about the data, per the NY Times "S.& P. announced earlier this year that the unadjusted numbers were a more reliable indicator."
So riddle Money McBags this Mr. Case, Mr. Schiller, and Standard and
fucking Poor's, if the seasonally adjusted numbers are a worse indicator
than the non-seasonally adjusted numbers, WHY THE FUCK DO YOU BOTHER
ADJUSTING THEM? That is more mind boggling than the fact that they just
now stopped making the Sony Walkman.
Seriously, why take shitty, dated, questionable data in the first
place, and manipulate that data to make it even more worthless? It's
like whatever the opposite of putting lipstick on a pig is (perhaps
putting Rosie O'Donnell in a bikini or Alan Greenspan on CNBC?). So
while the adjustment didn't matter this month, making data worse and
then presenting that data as relevant can be more misleading than
something called naked table building
(which apparently involves no nudity, but plenty of wood), so why it is
done is more perplexing to Money McBags than anything involving Randy Quaid.
One other piece of interesting news is that Warren Buffett, the original inspiration for the hit show Sister Wives, picked a successor
to run the investment side of Berkshire Hathaway, a company that never
saw a bail out it couldn't manipulate. The successor is a 39 year old
named Todd Combs (and we're told he's no relation to Sean "Puffy" Combs) who won the competition to
be the next curmudgeon after blowing Buffett away with his financial
stock selections, his refusal to tip more than 13% for subpar service,
and his stunning closing statement in the debate part of the competition
where he vociferously argued the affirmative side of "Dodd was Graham's bitch."
Internationally, Standard and Poor's raised their outlook for Britain to AAA after running in to Lucy Pinder
in a Heathrow bathroom. In addition to the ratings upgrade (though
Money McBags cares what S&P rates Great Britain about as much as he
cares what Stevie Wonder rates a fireworks show), Britain saw GDP
expand by 0.8% from the previous quarter which was double analyst
guesses and a result of the first dentist opening up shop in the
country.
In the market, F posted their 6th consecutive profitable Q,
announced they will be paying down debt, and then reiterated that GM
and Chrysler are a bunch of ass hats. In WTF earnings of the day, Coach and Royal Caribbean Cruises
both shot up 10%+ after putting up strong quarters in a signal that
either the economy is not as weak as Money McBags thinks, or well,
simply WTF? Elsewhere, steel makers were all down today as US Steel
warned that demand was slowing, prices were falling, costs were rising,
and no one is building shit anymore. And finally investment banking losses at UBS
drove the stock down as revenue dropped in fixed income, currencies,
commodities, and everything else people are no longer trading as they
flock to gold while the market dances to beat of the algorithm of the
night.
For more bad puns and some small cap analysis, check out Money McBags at the award winning When Genius Prevailed.
eric seiger
Kinect selling out fast Xbox 360 <b>News</b> - Page 1 | Eurogamer.net
Read our Xbox 360 news of Kinect selling out fast.
Keith Olbermann suspended after donating to Democrats - Simmi <b>...</b>
Olbermann has been suspending indefinitely after violating NBC's ethics policies.
Fox <b>News</b> Ratings on Election Night Beat Networks - NYTimes.com
The Fox News Channel's midterm election coverage attracted more viewers than any of the broadcast networks' coverage, according to the Nielsen Company.
eric seiger
eric seiger
eric seiger
Kinect selling out fast Xbox 360 <b>News</b> - Page 1 | Eurogamer.net
Read our Xbox 360 news of Kinect selling out fast.
Keith Olbermann suspended after donating to Democrats - Simmi <b>...</b>
Olbermann has been suspending indefinitely after violating NBC's ethics policies.
Fox <b>News</b> Ratings on Election Night Beat Networks - NYTimes.com
The Fox News Channel's midterm election coverage attracted more viewers than any of the broadcast networks' coverage, according to the Nielsen Company.
eric seiger
PDC10 starts in just two days. This year, PDC is being held at the Microsoft campus here in Redmond, and everyone here is very excited about it. While it sold out weeks ago, you shouldn’t feel bad if you aren’t able to attend the event in person. This year ALL sessions are streamed live and will be available on demand as well. That’s right—you will be able to see any session you choose to as well as use the special player the team built to ask questions. So make sure you block out some time to view these great Windows Phone sessions.
Streamed Sessions
Things I Wish I Knew Three Months Ago about Building Windows Phone 7 Applications
Jaime Rodriguez Thursday, 2:00 PM - 3:00 PM (GMT-7) (Add to your calendar)
The Windows Phone clients for Twitter and Facebook are two new, native-looking Windows Phone applications. Come hear about all the lessons learned while developing these applications. Gain insights about the UX as well as development/architecture patterns for building great, well-behaved, native-looking Windows Phone 7 apps.
Optimizing Performance for Silverlight Windows Phone 7 Applications
Oren Nachman Thursday, 3:15 P.M. - 4:15 P.M. (GMT-7) (Add to your calendar)
Hear about the key tips, tricks, and common mistakes that we uncovered by analyzing several real world applications. See demos of how real apps are debugged. Also learn how to write world class applications with animations running at 60fps.
Things You Need to Know Before Building XNA Games for Windows Phone 7
Shawn Hargreaves Friday, 11:30 A.M. - 12:30 P.M. (GMT-7) (Add to your calendar)
So you have a cool idea for a game. This session covers some of the less obvious things you will need to know to turn your idea into reality when using XNA Game Studio for Windows Phone. Topics include how to choose the best orientation and resolution, how game content differs from typical productivity or web applications, how to deal with tombstoning, how to speed up load times, and how to proceed if you are interested in getting access to Xbox LIVE on the phone.
Real-World Analysis and Optimization of XNA Framework Games on Windows Phone 7
Jeff Petkau Friday, 2:00 P.M. - 3:00 P.M. (GMT-7) (Add to your calendar)
Good code design, performance tips, and a solid understanding of the platform are all essential to game development. Learn how to use the Microsoft Advanced Technology Group's (ATG) battle-tested techniques to find and fix performance-killing issues in Windows Phone 7 XNA Framework game code. Also, hear about real-world analysis and optimization of XNA Framework games on Windows Phone 7.
3-Screen Coding: Sharing Code between Windows Phone, Silverlight, and .NET
Shawn Burke Thursday, 4:30 P.M. - 5:30 P.M. (GMT-7) (Add to your calendar)
Get a preview of upcoming Visual Studio features that will allow you to share code between Microsoft .NET platforms. You’ll learn how to structure applications to maximize the amount of shared code, how to write an app that’s used across Silverlight Desktop and Windows Phone, and how to build business logic and helper functions that work across all 3 screen types plus the cloud.
Building Windows Phone 7 applications with the Windows Azure Platform
Steve Marx Thursday, 11:30 A.M. - 12:30 P.M. (GMT-7) (Add to your calendar)
Learn how to build Windows Phone 7 applications that are backed by scalable cloud components hosted in Windows Azure. This demo-heavy session will cover best practices relating to communication, authentication, and data synchronization between phone applications and cloud components.
On Demand Sessions
The Rich Mobile Web – Today and Tomorrow
Joe Marini (On demand recording)
Learn how to plan and design for today's - and tomorrow's - Rich Mobile Web, whether you have an existing site that you want to get mobilized or are starting from scratch.
Making Money with the Windows Phone Marketplace
Karen Luk (On Demand recording)
In Windows Phone 7, Microsoft provides a central mechanism for distributing your application or game to all Windows Phone users: the Windows Phone Marketplace. In this session, we’ll review the high level workings of the Marketplace, but more importantly, we’ll drill deep into the functional criteria your application must meet, and the practices you should use in order to meet them.
If you cannot attend PDC, but were thinking about heading to DevConnections next week in Las Vegas, you should be sure to attend the Windows Phone 7 Workshop and Track. The event kicks off Nov 1st and runs through Nov 4th. Mobile Communications Business Vice President Joe Belfiore will be kicking off the Workshop, which has content intended to get you up to speed on designing and building amazing apps for Windows Phone 7. The Workshop is being hosted by Shawn Wildermuth of AgiliTrain. There will also be a full slate of sessions delivered by Microsoft engineers for the Track.
First of all, apologies for the fuckawful headline pun, but some days
you simply have to play the cards you are dealt. That said, the market
was quiet today as it digested marginal macro news and even more
marginal earnings news while it continues to wait for next week's QE2
which promises to be a worse proposed sequel than Amistad II: The Return Trip Home.
On the QE2 front, New York Fed President and voting member of the FOMC member William "Dollar Bill" Dudley got his college on today at Cornell University (known as the Harvard of Ithaca, NY) where in a speech he said "The Fed cannot wave a magic wand and make the problems remaining from the preceding period of excess vanish immediately." He then explained "For
the millionth time, we're not magicians, we're fucking witch doctors so
we don't waive magic wands, we dance around fires and chant
incantations to the great Jobu. Come on people, that's Wiccan 101 shit for you."
Dudley went on to say that QE2 would be unwarranted unless "the
economic outlook were to evolve in a way that made me more confident we
would see better outcomes for both employment and inflation before too
long." And with that, Money McBags can see why some teabaggers want the Fed to be shut down since evolution is a myth and thus the economy can't evolve, it can only intelligently design itself to something better and do you trust these people to design anything intelligently?
As far as tangible macro news, consumer confidence rose
slightly last month off of an unsurprisingly downwardly revised number
and still remains near record lows as most consumers are only confident
that the economy is getting worse than Bob Guccione's
lungs (and Money McBags tips his jimmy hat to the great media mogul).
Digging in to the number shows that the "jobs hard to get" index rose
to 46.1% from 45.8%, the "jobs plentiful" index slipped to 3.5% from
3.8%, and the "jobs you're never going to get again" index rose to "oh
fuck I'm screwed."
In other macro news, the Case Schiller index weakened,
in what Money McBags calls the "no shit Sherlock" fact of the day.
While the index rose 1.7% y/y which was below analyst guesses of 2.1%,
it fell .2% sequentially or .3% on a seasonally adjusted basis. But
here is what Money McBags loves most about the data, per the NY Times "S.& P. announced earlier this year that the unadjusted numbers were a more reliable indicator."
So riddle Money McBags this Mr. Case, Mr. Schiller, and Standard and
fucking Poor's, if the seasonally adjusted numbers are a worse indicator
than the non-seasonally adjusted numbers, WHY THE FUCK DO YOU BOTHER
ADJUSTING THEM? That is more mind boggling than the fact that they just
now stopped making the Sony Walkman.
Seriously, why take shitty, dated, questionable data in the first
place, and manipulate that data to make it even more worthless? It's
like whatever the opposite of putting lipstick on a pig is (perhaps
putting Rosie O'Donnell in a bikini or Alan Greenspan on CNBC?). So
while the adjustment didn't matter this month, making data worse and
then presenting that data as relevant can be more misleading than
something called naked table building
(which apparently involves no nudity, but plenty of wood), so why it is
done is more perplexing to Money McBags than anything involving Randy Quaid.
One other piece of interesting news is that Warren Buffett, the original inspiration for the hit show Sister Wives, picked a successor
to run the investment side of Berkshire Hathaway, a company that never
saw a bail out it couldn't manipulate. The successor is a 39 year old
named Todd Combs (and we're told he's no relation to Sean "Puffy" Combs) who won the competition to
be the next curmudgeon after blowing Buffett away with his financial
stock selections, his refusal to tip more than 13% for subpar service,
and his stunning closing statement in the debate part of the competition
where he vociferously argued the affirmative side of "Dodd was Graham's bitch."
Internationally, Standard and Poor's raised their outlook for Britain to AAA after running in to Lucy Pinder
in a Heathrow bathroom. In addition to the ratings upgrade (though
Money McBags cares what S&P rates Great Britain about as much as he
cares what Stevie Wonder rates a fireworks show), Britain saw GDP
expand by 0.8% from the previous quarter which was double analyst
guesses and a result of the first dentist opening up shop in the
country.
In the market, F posted their 6th consecutive profitable Q,
announced they will be paying down debt, and then reiterated that GM
and Chrysler are a bunch of ass hats. In WTF earnings of the day, Coach and Royal Caribbean Cruises
both shot up 10%+ after putting up strong quarters in a signal that
either the economy is not as weak as Money McBags thinks, or well,
simply WTF? Elsewhere, steel makers were all down today as US Steel
warned that demand was slowing, prices were falling, costs were rising,
and no one is building shit anymore. And finally investment banking losses at UBS
drove the stock down as revenue dropped in fixed income, currencies,
commodities, and everything else people are no longer trading as they
flock to gold while the market dances to beat of the algorithm of the
night.
For more bad puns and some small cap analysis, check out Money McBags at the award winning When Genius Prevailed.
eric seiger
eric seiger
Kinect selling out fast Xbox 360 <b>News</b> - Page 1 | Eurogamer.net
Read our Xbox 360 news of Kinect selling out fast.
Keith Olbermann suspended after donating to Democrats - Simmi <b>...</b>
Olbermann has been suspending indefinitely after violating NBC's ethics policies.
Fox <b>News</b> Ratings on Election Night Beat Networks - NYTimes.com
The Fox News Channel's midterm election coverage attracted more viewers than any of the broadcast networks' coverage, according to the Nielsen Company.
eric seiger
eric seiger
Kinect selling out fast Xbox 360 <b>News</b> - Page 1 | Eurogamer.net
Read our Xbox 360 news of Kinect selling out fast.
Keith Olbermann suspended after donating to Democrats - Simmi <b>...</b>
Olbermann has been suspending indefinitely after violating NBC's ethics policies.
Fox <b>News</b> Ratings on Election Night Beat Networks - NYTimes.com
The Fox News Channel's midterm election coverage attracted more viewers than any of the broadcast networks' coverage, according to the Nielsen Company.
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Kinect selling out fast Xbox 360 <b>News</b> - Page 1 | Eurogamer.net
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Keith Olbermann suspended after donating to Democrats - Simmi <b>...</b>
Olbermann has been suspending indefinitely after violating NBC's ethics policies.
Fox <b>News</b> Ratings on Election Night Beat Networks - NYTimes.com
The Fox News Channel's midterm election coverage attracted more viewers than any of the broadcast networks' coverage, according to the Nielsen Company.
eric seiger
Kinect selling out fast Xbox 360 <b>News</b> - Page 1 | Eurogamer.net
Read our Xbox 360 news of Kinect selling out fast.
Keith Olbermann suspended after donating to Democrats - Simmi <b>...</b>
Olbermann has been suspending indefinitely after violating NBC's ethics policies.
Fox <b>News</b> Ratings on Election Night Beat Networks - NYTimes.com
The Fox News Channel's midterm election coverage attracted more viewers than any of the broadcast networks' coverage, according to the Nielsen Company.
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eric seiger
Kinect selling out fast Xbox 360 <b>News</b> - Page 1 | Eurogamer.net
Read our Xbox 360 news of Kinect selling out fast.
Keith Olbermann suspended after donating to Democrats - Simmi <b>...</b>
Olbermann has been suspending indefinitely after violating NBC's ethics policies.
Fox <b>News</b> Ratings on Election Night Beat Networks - NYTimes.com
The Fox News Channel's midterm election coverage attracted more viewers than any of the broadcast networks' coverage, according to the Nielsen Company.
big seminar 14
Ever watch Gone with the Wind? Remember that scene early on when Scarlett's dad-before his mind with the wind-tried to sell Scarlett on the importance of land? He didn't call his estate Tara for nothing. Scarlett eventually came around and learned the lesson of the value of owning land. What lesson? Barring some unfortunate events, it's the only thing that will always be here.
You can still make money in real estate speculation. For all the talk of keeping immigrants out, and telling people who don't believe like the President does that they should leave it, America is still overwhelming undeveloped. With bans on abortion and abortion pills around the corner, even if we do manage to keep the immigrants down in Mexico, there's still going to be an increase in population. Those people need real estate on which to live and on which to sell you things you don't need.
So how can you go about making money in real estate speculation? Here are a few suggestions that have worked well in the past.
BUY UNDEVELOPED LAND
Although the most risky technique, this can also provide the biggest payoff. The risks range from the possibility of the land dropping in value to the fact that you can't get any tax benefits from it. And, of course, undeveloped land won't provide you the income that developed land can. On the other hand, who hasn't driven past a booming neighborhood and heard their grandparents say something along the lines of "I had the chance to buy that at two dollars an acre, but I just didn't have the money back then." If you live near a big city and can get any kind of a good deal on land adjacent to it, then by all means do it; there's no better gamble to take when it comes to real estate speculation. For that matter, this kind of speculation even makes sense in small towns; it wasn't too long ago that many overcrowded, over franchised suburban areas used to be relatively isolated small towns. Heck, some of the most expensive real estate in the Atlanta area, for instance, didn't even have a single Walmart as recently as twenty years ago. Now those same rural areas that used to be dominated by long expanses of literally nothing are indistinguishable from any area inside the actual city limits.
But real estate speculation of this type doesn't mean you can just drive out somewhere, stop your car and hit on a goldmine. Don't choose just any parcel of land. Do your homework. Look over the town, city or county planning and zoning records to determine where the infrastructure is headed. If plans are already in place to lay down a four-lane highway somewhere where's nothing now, that might be a good place to speculate on. Determine where commercial development and residential development will be the densest in ten to fifteen years and shop accordingly. If you're young enough and willing to wait it out, plan ahead for twenty, thirty or even forty years. What you think is ridiculously expensive for an overgrown piece of forest right now may one day look as cheap as that two dollars an acre your grandfather passed over fifty years ago. Undeveloped land is also a terrific investment gift to pass on to your children or grandchildren; real estate speculation doesn't have to focus on your own bank account. In that way, you can try looking longer into the future and significantly increase your chances of finding something really cheap.
INVESTING IN SEIZED PROPERTY
Property is often sold for the price of the delinquent taxes owed; or auctioned off to the highest bidder. This kind of real estate speculation can present a real opportunity for making money, but you have to be careful. You really have to do your homework before attending one of these public sales. The most painful pitfall may be finding out that the tax bill is greater than the actual value of the property. In addition, unless you've researched it, your dreams of becoming a real estate mogul ala Donald Trump may come wind up leaving you with nothing but blueprints inside your head unless you make sure the site has been zoned for business or residential construction first. In addition, it is wise to consult your particular state and local laws regarding the rights that a previous owner has to property that has been seized from him. In many cases, he may still have the right to reclaim his property which can result in all kinds of legal entanglements. When bidding at an auction, make sure you've kept your intentions on the property to yourself. Don't do anything to invite an unnecessary bidding war. Remember, real estate speculation is a big game for those with lots of money.
FOLLOW THE CLOWN
If you notice a McDonald's popping up in an unexpected place, take notice. McDonald's hasn't been able to sell billions and billions of hamburgers by building their restaurants where the kids ain't. Neither have the managed to make billons and billions of dollars in profit by buying the most expensive property in town. Same thing goes for any other huge and profitable brand name consumer company, whether they be Subway, Holiday Inn, or Target. Although it's probably too late to cash in on bargain prices by the time you actually see one of these companies' instantly identifiable building, if you spend a little time looking through the public records you may get lucky enough to come across evidence of their own brand of real estate speculation. If you can get even luckier and come across the record of a franchise investing in a relatively undeveloped area that is the equivalent of striking gold. Think about how often you've seen a Burger King or Pizza Hut in the middle of nowhere. Unless you're talking a strictly rural area, most often by the time the franchise goes up, there's already been some residential growth. Well, think about it: You don't make profit by buying land after it's already quadrupled in value, right? These big boys spend huge amounts of money conducting research into which underdeveloped areas are likely to grow and where they can find the best deal for land before the growth starts. What's more, you can also rest assured in the knowledge that they very rarely get their real estate speculation wrong. You want evidence: Franchises almost never sell off unused property at a loss. Take advantage of their resources and you may just find yourself benefiting by making money in real estate speculation.
eric seiger
Kinect selling out fast Xbox 360 <b>News</b> - Page 1 | Eurogamer.net
Read our Xbox 360 news of Kinect selling out fast.
Keith Olbermann suspended after donating to Democrats - Simmi <b>...</b>
Olbermann has been suspending indefinitely after violating NBC's ethics policies.
Fox <b>News</b> Ratings on Election Night Beat Networks - NYTimes.com
The Fox News Channel's midterm election coverage attracted more viewers than any of the broadcast networks' coverage, according to the Nielsen Company.
eric seiger
Kinect selling out fast Xbox 360 <b>News</b> - Page 1 | Eurogamer.net
Read our Xbox 360 news of Kinect selling out fast.
Keith Olbermann suspended after donating to Democrats - Simmi <b>...</b>
Olbermann has been suspending indefinitely after violating NBC's ethics policies.
Fox <b>News</b> Ratings on Election Night Beat Networks - NYTimes.com
The Fox News Channel's midterm election coverage attracted more viewers than any of the broadcast networks' coverage, according to the Nielsen Company.
eric seiger
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