Fred is wondering about Peak Oil this morning – fishing for comments . I am with him…who the f$%ck knows. It’s not a waste of time, but I mean with the KINDLE on backorder, Fred needs to get his priorities straight .
You see, I can’t stop thinking about our continued biggest asset with the highest margins…Culture and Creativity. With respect to energy, 80 percent of our population is fat so it’s likely we will solve our own problems by selling our fat dead bodies as a source of blubber and oil overseas to feed our kids and our kids kids, but I digress.
This post is about culture and creativity. You see “Peak My Nose” or “Pick my Nose” is still money. It’s about picking your nose and getting it virally distributed and than selling yourself for $1,000,000. Well, kind of…
The great charts and links from Fred’s post have already set the wheels in motion with respect to alternative energy. Have you seen a solar stock chart recently. There will be 100 public companies in the next 5 years riding that PR and economic gravy train. Let Brazil and Mexico muck up their shorelines in the meantime. That’s not what we should be doing anymore…we did that. We should and ARE selling them the tools to muck up their shorelines…faster…cleaner…cheaper.
I will keep my eyes on the new high list, which is non-existent these days, for the real important stuff. The good news is lots of smart money will find these new trends for you and they will start showing up soon enough. Oil won’t go up and the dollar go down without showing the hand of the next big winners. It’s happening right now.
In the meantime, if you live in the US, focus on the internet and creativity and exporting our culture, the good and bad. That’s where the real margins are. And you won’t get filthy doing it.
Furthermore, we should really hope that our leadership understands this and as I said in the May 2006 post:
Message to the government – stop dropping bombs from planes. DROP BROADBAND! and also Kindle’s.
Disclosure – Long Amazona few oil stocks and FSLR, Nintendo and Apple
Money is loose and the globe is in travel mode. The world can only shrink to a point. Of course things will tighten, but the question is when. Right now, the dollar is weak, the foreigners are rich and American culture is in demand. Hotels are a way to play this trend.
When I was a serious hedge fund wannabe…and younger, I would stay at the Royalton Hotel in Midtown Manhattan. I was a hipster.
Now, I can barely see in the light of day, so I would neeed night vision goggles to hang in their lobby.
That has not stopped this hip hotelier from growing. Screw Lindzon and his bad genetics.
The hotel stocks in general have had their way on Wall Street since 9/11. Morgans Hotels is a young public Company, but a successful one. Here is their Google Finance start page .
Specifically, Morgans Hotel group:
Is a fully integrated hospitality company that operates, owns, acquires, develops and redevelops boutique hotels in gateway cities and select resort markets in the United States and Europe. At December 31, 2006, the Company owned, or partially owned, and managed a portfolio of luxury hotel properties in New York, Miami, Los Angeles, Scottsdale, San Francisco and London, comprising over 2,700 rooms. Each of the Company’s hotels has a personality specifically targeted to reflect the local market environment and features modern, sophisticated design that includes public spaces, destination bars and restaurants, and personalized service. In February 2007, the Company and its equity partner, DLJ Merchant Banking Partners, completed the acquisition of the Hard Rock Hotel & Casino in Las Vegas and related assets. On January 24, 2006, the Company acquired a building adjacent to Delano Miami. The purchase of the James Hotel Scottsdale was completed on May 3, 2006
This post may mark the market top, but I would be surprised. The longs are scared and the shorts are confident. It’s just a feeling. The shorts have awesome stories to tell you and they are super smart. They would ‘kill it’ in Afghanistan. Not here.
New York has never been hotter. Each time I visit, I am amazed as are the gazillion tourists and new projects. I have seen the street of our office in NOHO get rebuilt with $3 million condos. This is not a commentary on how silly that seems to be, because it really is, but more about the will of the city and the people.
This trip I visited battery Park for the first time in a while. What an amazing part of the city once again.
While CNN and Fox battle it out for who is responsible for wrecking America, bazillions are being made by saavy investors fixing it and EXPORTING IT.
America is tough to wreck. It does seem that our leaders are trying hard. BUT, the will of the people is strong, especially when challenged.
Even if you buy into prepetual ‘Asshat’ Lou Dobbs on CNN whine about outsourcing and illegal immigration, American Stocks by the thousands continue to break out. That Lou is a moneymaker…NOT. Trust him and you will end up like his internet start up planet.com or something. BUSTED.
We still have the best export in the world “American Culture”. Some kill us because of it and others kill for it.
Just look at the diverse groups of stocks hitting all-time highs (bottom right of my blog as always):
Weapons
Fast Food
Retail
Hotels
It’s the stuff used to protect us so we can keep exporting more stuff to China and the rest of the Emerging World. Our hotels, airlines and liesure companies are strong because our cities are packed with foreign tourists. We have service and shower pressure in this country.
All great dynasties come to an end. I do read occassionally . BUT, the real money is not nearly done distributing their paper and goods yet .
. I am with him…who the f$%ck knows. It’s not a waste of time, but I mean with the KINDLE on backorder, Fred needs to get his priorities straight 
