Author Archive

April 19, 2012 | In: Technology

Will Yahoo Go Bankrupt?

After this month's post on Groupon going bankrupt, one might think that I'm bashing every public online company (or is it online public company?) - but that's not what I'm after. It's simply that because of my other job, I have a lot of experience in...

April 18, 2012 | In: Technology

Is Rovio a Public Company?

If you're here just to know the answer to the question in the title, then the answer is no, Rovio is not a public company. Rovio is a private Finnish company, located in the same city (ESPOO) where Nokia is located. But why is Rovio not a public...

I have warned against buying GRPN back in August of last year. Back then, I have explained that Groupon cannot sustain the hefty customer (who may or may not be loyal to Groupon - after all, this is a coupon business, where customer loyalty is nearly 0)...

The Canadian Stock Market had indeed caught the attention of the investors since 2008, being supported by an economy that was resilient to the economical downturn that started then. In fact, here are some facts about the Canadian economy: Most of the...

It's that time of the year again, where everyone is doing his or her taxes. Instinctively, we report every income we received in the previous year in our tax return - but how about that $2,000 tax refund we received back in last year? Does it count as...

The NASDAQ yesterday briefly hit the 3,000 milestone, which is a major milestone not seen since November of 2000. Let's look at the NASDAQ chart for the past 20 years: Figure 1: NASDAQ Chart for the Past 20 Years (courtesy of Google Finance) I...

"No one gets out of here alive!" - I think we're all familiar with the statement. At one point, all of us will die. But, one might think, "what will happen to my stocks when I die? Can they be part of my will? And who takes them if I have no...

I know, it's the end of the month, you're a bit strapped on cash, and you have to make that credit card payment - or else! Now, you think, hey, I owe about $1,000 on my credit card, what if I buy an LED HDTV (55") for about $1,500, and then return it...

February 24, 2012 | In: General

How Do Banks Process Payments?

Let's say you're one of those people who execute many bank transactions a day: you make and you receive a lot of payments from/to your bank account. Naturally, at one point, you might run into one of the following situations: You make a payment from...

I remember reading a long time ago that Microsoft helped Apple survive, and in return Apple gave Microsoft a lot of shares at dirt cheap prices (they weren't dirt cheap back then because Apple's range of products was exciting only to its very few...