The iPad Stock Market…Transparency is the NEW 'Alpha'
- Posted by Howard
- on March 7th, 2010
So Steve was at The Oscar’s and by far the most important person in the place. Apple $aapl also launched their first iPad commercial which of course was tight and fun:
It makes sense that the market (especially the Nasdaq) is rallying into the iPad release of early April and the momentum should carry through until at least May.
I have blogged about the importance of the iPad to the financial web .
In 1994 we got the Motley Fool. In 1998 we got TheStreet.com. It has been a black hole for financial web innovation since (save Interactive Brokers and Baby ETrade).
Cramer could have should have owned Wall Street and chose the make-up and television. For you home gamers, Cramer has done extremely well financially but $TSCM has a $110 million market cap (after doubling the last few months) with a $60 million on the balance sheet. Other than Bloomberg, which is private and charges $2,000/month, there are few exciting pure plays in the financial web. That is just wrong.
While quant funds continue to exploit what is left of any alpha in the markets, I believe that ‘Transparency is the new Alpha’.
I am excited for April and you should be too.
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
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Born in Toronto, lived in Phoenix for 20 years and now in Coronado, CA with a loyal wife (15 years, 14.2 Canadian years), two awesome kids and a dachshund. My current start-up is called Stocktwits and I am a co-founder and CEO. More »
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