What Does The Saturday Night Live Say?

Parody of What Does The Fox Say:

Trailer - Wes Anderson's "The Midnight Coterie of Sinister Intruders"

Wes Anderson's "The Midnight Coterie of Sinister Intruders". Trailer narrated by Alec Baldwin:

That Charity May Not Be The Right Type Of Charity

James Altucher being provocative as usual...

“Ten Reasons Why I Would Never Donate to a Major Charity…”

I’m not endorsing this conclusion but he makes some useful points:

I’m not saying don’t give. I’m not saying don’t be spiritual or don’t be good. But do it with thoughtfulness, with true spirit, with a true desire to help. More harm than good is done when you blindly throw money at most charities.

3) I don’t like paying administrative overhead. For every $1 someone donates to the American Cancer Society, 9.8 cents goes to administrative costs.

4) I don’t like paying marketing costs. I didn’t realize this until I looked it up. But for every dollar I give to the American Cancer Society, 21.8 cents goes toward furthering their marketing efforts.

His primary recommendation:

1) Be a Microcharity… Specifically, pick up the local paper and see who needs help right now, where a small amount of money can immediately make a significant difference in someone’s life.
In other words, be directly, personally involved with your cause. Then you know how the dollars are being used, you know face to face who is being helped, you feel good, you solve an immediate problem, you save a life.

Something to think about at least.

...You're Welcome

Google Fully Valued?

Aswath Damodaran points out that the Online Advertising sector may as whole be overvalued. If you trust his projections then the question becomes "which companies are the source of the overvaluation?".

I'm not sure who the culprits are (if any), but note that $GOOG has the highest market cap on the list: projected to have about half the future revenue ($147 B out of $303 B projected/imputed for 2023).

Hard to judge price momentum, but $GOOG could be fully valued here on a valuation basis. Time to consider taking some profits.

Incremental Symphony #Video

It's a nice concept:

via Angelica.

...You.re Welcome