Manages Parisian Family Office. Began Wall Street, 82. Founded investment firm, Native American Advisors. Member, White Earth Chippewa Tribe. Was NYSE/FINRA arb. Conservative. Raised on Native reservations. Pureblood, clot-shot free. In a world elevated on a tech-driven dopamine binge, he trades from Ghost Ranch on the Yellowstone River in MT, his TN farm, Pamelot or CASA TULE', his winter camp in Los Cabos, Mexico. Always been, and will always be, an optimist.

Wednesday, March 01, 2006

Quarterly mania.........

Analysts are an amazing bunch. Their single focus is quarterly earnings and revenue growth. Perhpas it has something to do with putting out research notes to justify their measly existence.

I like what GOOGLE managment is doing to combat the mania of quarterly number crunching. Many companies/products/services are not geared to quarterly comparisons to the extent that Wall Street wants, and knowing that some corporate management is actually more concerned with the big picture versus the short term view is refreshing. Another sickness that Wall Street anal-ysts love to cheer is there laughable ratings changes, that is, when they change their "buy-sell" rating on a stock in a research note, written at say, midnight, when not a single investor can act on their recommendation. That is, until the stock opens down afew points and the short sellers go to the bank, (their own trading desk perhaps, tell me that still doesn't take place!!) All in all, Google has it right. All is fair in war.

Check out these sites if you have a minute as well.

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