Being a history buff myself, this sounds like a very interesting book. Thanks for sharing.

Very well put. Here's hoping that the loss of confidence doesn't materialize. Though some are already saying it's here.

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?

Thanks for the reply, better late than never.

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.

Nice read.

Excellent post.

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.

Very well done, thanks for sharing. Though I haven't heard a single talking head say that declining Yuan is good for Apple margins.

A fascinating, in depth look into the world of COFINA bonds, thank you for sharing.