I found Apple's response disingenuous. If they wanted to help, they could. They said their fear is that once they create a backdoor, others could find it. Chances are, there already is a backdoor. But even if not, they could create one, and then do an iOs update to patch the security flaw. They do it all the time, why would this be any different?
Hindsight is 20/20. The problem is you can't know if something will go up or down before it does. If we did, we'd all be rich! Couldn't the price of precious metals just as easily go down?
Excellent post on $NFLX that gives me much to think about. I agree with much of what you said but I think there are some emotional factors that you left out which should not be negated.
1. I think on average, Netflix customers are fiercely loyal compared to other companies.
2. Netflix has a great product which they keep improving upon. Netflix is actually more reliable than my cable provider.
3. Netflix has the first movers advantage. Even $AMZN hasn't made much of a dent and they are giving away their video on demand service free to their millions of prime customers. I get Amazon instant video free, yet I still prefer Netflix.
I never understood why they didn't give up on the device market all together and focus on software. There is no reason why TomTom or Garmin couldn't be the go-to app for all smartphone GPS enabled devices. Costs would go down and they could focus on building the best app out there and charge a monthly subscription fee.
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Chart Of The Day: March 3, 2016
Nice charts, you'll be a welcome addition here. I've added you to my follow list.
Apple Vs. The FBI Vs. A Suggestion
I found Apple's response disingenuous. If they wanted to help, they could. They said their fear is that once they create a backdoor, others could find it. Chances are, there already is a backdoor. But even if not, they could create one, and then do an iOs update to patch the security flaw. They do it all the time, why would this be any different?
The Entire World Never Recovered From The Trauma Of The World Wars: Glenfiddich Inn
Being a history buff myself, this sounds like a very interesting book. Thanks for sharing.
End Games
Very well put. Here's hoping that the loss of confidence doesn't materialize. Though some are already saying it's here.
There's Something Worse Than Having A "Losing Position"
Hindsight is 20/20. The problem is you can't know if something will go up or down before it does. If we did, we'd all be rich! Couldn't the price of precious metals just as easily go down?
The Fed Reserve Rate Hike And Beyond
Thanks for the reply, better late than never.
Netflix: Valuations, Competition, And Questionable Accounting Point To Potential Crash
Excellent post on $NFLX that gives me much to think about. I agree with much of what you said but I think there are some emotional factors that you left out which should not be negated.
1. I think on average, Netflix customers are fiercely loyal compared to other companies.
2. Netflix has a great product which they keep improving upon. Netflix is actually more reliable than my cable provider.
3. Netflix has the first movers advantage. Even $AMZN hasn't made much of a dent and they are giving away their video on demand service free to their millions of prime customers. I get Amazon instant video free, yet I still prefer Netflix.
Paying The Pied Piper Of Passivity
Nice read.
The Daily Shot And Data - January 22, 2016
Excellent post.
TomTom Should Look Outside Europe For Fleet Management Solutions
I never understood why they didn't give up on the device market all together and focus on software. There is no reason why TomTom or Garmin couldn't be the go-to app for all smartphone GPS enabled devices. Costs would go down and they could focus on building the best app out there and charge a monthly subscription fee.