Monday, April 16, 2012

Gambling In a Good Way

1 - Our client Dinner and a Movie event Friday night was another winner. 44 clients and their invited guests all seemed to enjoy themselves immensely. Pat Strother's dinner was outstanding; North By Northwest was both suspenseful and fun. Michele and Juliet did a superb job as usual, and the three of us actually were able to sit down and watch the movie as members of the audience - a first, and a precedent which I intend to continue.

2 - Our next scheduled event is all business. On Tuesday, May 15, we will present the third (and perhaps final) event in our New Realities series, this one exploring the new realities of investing. (See full information in the Upcoming Events at our website: http://www.low-stress-investing.com/) This event will be open to the public; please come and invite a friend. Instead of the panel discussions that marked previous New Realities events, I will present the program myself.

3 - You don't often hear me compare investing to gambling, but this week's video does just that. Click on the video image below to discover one way in which investing can be compatible with roulette.

4 - Speaking of new realities, here's a great example. Eastman Kodak, the onetime technology leader and photography giant, which still has 17,000 employees, is mired in bankruptcy and is virtually worthless. Meanwhile, Instagram, a tiny company (just 12 employees) that makes a popular digital photography app for iPad, was bought last week for $1 billion by Facebook. There are all kinds of lessons in the juxtaposition of these two very similar, but very different firms. Read a full account in USA Today by clicking here.

Have a fantastic week!

-Andy


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