Was just reading a lending market update which included a note about the puzzling behavior of the stock market last week. Faced with a number of positive economic indicators, the market sold off pretty heavily. Well, with my time at Fortune 500s, I’ve seen this before. I learned a long-time ago that Wall Street, the stock-markets and prices of such things is driven, on a day-to-day basis primarily by emotion. This also feeds into the quarter by quarter mentality of most stock valuation. Time and time again, in most markets, it’s those with long-term views and understanding that do well. This is true in real estate as well. If you can shift your view out 5, 10, 20 years in the future, you can escape the variability of these emotionally based fluctuations.
Perhaps I’m the only Macfan that’s not gaga over the iPad. It’s an interesting idea, but I’m just not sold on the concept. For what it offers, I think it would be valuable (to me) at a much lower price-point. Say, < $100. Then I could conceive. Heck, if it were $200 I would be sorely, SORELY tempted. But not $500. It doesn’t offer me much more than my iPhone. And I almost never use my Sony eReader (if the Mac version of the desktop software actually worked with it, then I might use it more). Anyway, if the iPad had handwriting recognition, or could do more with photo editing...I don’t know.
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