I was interviewed by fellow value investor Geoff Gannon of Investor Questions Podcast a few days ago and he has posted a podcast of this interview on his website. You can check out the 29 minute interview where I briefly discuss Activision (ATVI), Glu Mobile (GLUU), Teva Pharmaceuticals (TEVA), Lions Gate (LGF) and Marcus (MCS) here.
The April 2010 SINLetter covering regional banks in general and Umpqua Holdings (UMPQ) in particular was published on Friday morning but due to email throttling issues at our host, the newsletter went out only to a few subscribers. In other words, our host was not happy with our sending a few thousand emails in a short period of time and hence stopped the outgoing emails after the first couple of hundred emails went out.
To say the least I am not very pleased with this Rackspace (RAX) policy as we did bring this issue up to them before migrating the site to Rackspace and they had assured us that they would take care of email throttling on their end. Rackspace, if you are listening, I have the saved chat transcripts of your reassurance.
We are working on a solution that will send out the emails in short bursts and they should go out once again by Sunday night so that you receive the newsletter before the open of market on Monday morning. However if you would like to access the newsletter before then, we have made the printer friendly version available from this link so that you can access it without having to login to the site.
SINLetter is happy to host the Festival of Stocks #177, a weekly blog carnival featuring recent posts by contributing investment blog authors. The last time we hosted this festival was Festival of Stocks #15 way back in December 2006.
Here is the list of submissions for this festival.
Steve Alexander of MagicDiligence.com asks How Diversified Should You Be?
Mike Piper of The Oblivious Investor shows you How to Choose ETFs for Your Portfolio
I play devil’s advocate with my investment in Activision Blizzard (ATVI)
Jeff Rose of GoodFinancialCents presents Lost and Found: Is the 2000’s the lost decade of investing?
Jim from Blueprint for Financial Prosperity presents The S&P500 Dividend Aristocrats
Dividend Growth Investor analyzes the dividend aristocrat Brown-Forman Corporation (BF-B)
Dividends Value presents AT&T Inc. (T) Dividend Stock Analysis
ETF Database provides us with the Ultimate Guide To Agricultural ETFs: Agriculture ETF Investing 101
Trading Stocks discusses the use of Currency Options.
Dan from ETF Base looks at the performance of new ETFs launched in 2009
The Sun’s Financial Diary reviews 2009 Chinese IPO Stock Performance
The Smarter Wallet discusses Price Earnings Ratio: The Cyclically Adjusted P/E Ratio
PT Money goes over the 2010 Roth IRA Conversion Rules
Money Smart Life presents Capital Gains Tax Q&A
Manoj Bhagra reminds us about the Lessons In Investing From the Ancients!!!
And finally, Aussie from down under presents his thoughts about the Best Shares To Buy in 2010.
It was over two years ago when I met a former boss for lunch at the Dolores Park Cafe in San Francisco on a sunny March afternoon. Having worked in various consulting and management roles in the natural and organic products industry, he was brimming with excitement regarding his new role with a sustainable seafood startup called CleanFish. Little did I know that aside from sharing the mission and plans for CleanFish, he also wanted me to join a team that would help build a triple bottom line (people, planet, profit) company that would source delicious sustainable seafood from artisan fisheries around the world.
Despite a deep recession, CleanFish has nearly quadrupled its revenue over the last two years and is currently on track to exceed $20 million in sales in 2009. Along the way the company picked up Social Venture Network’s 2008 Innovation Award and was a recipient of Food & Wine Magazine’s 2008 Eco-Ocean Award. CleanFish was no longer just a company but was becoming an aspiration and a movement.
CleanFish recently became a finalist in BusinessWeek’s “America’s Most Promising Social Entrepreneurs” contest along with 24 other businesses that were narrowed down from a list of more than 200 nominees. You can read the BusinessWeek story titled “Making a Profit and a Difference” here.
We are determined to win this contest and are asking for about 30 seconds of your time to vote for CleanFish from this page. Obviously it will take a little longer than that if you were to also check out our worthwhile competitors.
Voting ends on April 26th, so please don’t hold back and vote for CleanFish now.
After numerous friends and colleagues recommended Slumdog Millionaire, I finally got a chance to check out this award winning movie last night. Watching a movie with high expectations is usually a terrible idea, as more often than not your expectations are going to let you down. I have to say the movie exceeded my expectations and the soundtrack that I had been listening to on Rhapsody certainly added to the viewing experience.
However it felt like I had seen this movie before. Slumdog Millionaire seems to be one part Salaam Bombay! (the life of kids in Mumbai slums), one part Satya (the gangsta portions) and one part any Bollywood romance blended together to achieve impressive results. The connection between Slumdog and Satya runs a little deeper. Saurabh Shukla, who played the character of Seargent Srinivas (the fat nearly bald cop who tortures the hero at the start of the movie) in Slumdog was not only one of the characters in Satya (Kallu Mama) but was also one of the writers for Satya. As I dug deeper into Mr. Shukla’s history, I came across this article in The Independent where Danny Boyle, the director of Slumdog, claimed that Satya was one of his reference points while filming Slumdog Millionaire.
Jaane Tu Ya Jaane Na
For anyone who watched Slumdog Millionnaire and enjoyed it, I highly recommend checking our Mira Nair’s Salaam Bombay!, which was nominated for an Oscar back in 1988 and won the audience award at the Cannes Film Festival. The portrayal of Mumbai’s slums is even grittier in Salaam Bombay. As for Satya, it could be easily considered the Godfather of Indian cinema and my brother was so enamored by the movie that he watched it nearly 18 times in the summer of 1998.
I am still shaking my head in disbelief that after the Slumdog Millionaire’s original distributor Warner Independent Pictures (TWX) dropped it, Lionsgate Films (LGF), which has often done a great job of finding independent films with a lot of potential, still did not pick it up.