Hot Corner
Uh-oh. Looks like the “Why You Should Envy Long Haulers” issue of IDE really bugged ECG. He fired off the following e-mail to us:
“Keep your sports statistical records opinions to yourself. They’re just going to piss off people like me who put a lot of trust in a statistic record that should reflect the true ‘state’ of something. If my medical records reflected your opinion we’d all be in trouble. I have less faith in your stock opinions as a result and done with you as it runs out.”
I don’t know anything about ECG’s medical records, but based on his e-mail I don’t think I want to. As far as “done with you as it runs out” is concerned, I assume he is referring to his subscription to IDE. Uh, ECG, it can’t expire… because you don’t pay for it. It’s free.
As you’ll recall, the Monday issue opened by questioning whether Mark McGwire’s homerun record is “real” because he used steroids. Obviously there are a lot of people, including ECG, who are very passionate about this. I’m not. Baseball, like all major sports, is simply in the entertainment business.
However, I take investing seriously. And my point was that even though government spending is responsible for much of our GDP growth, it doesn’t make the profits generated by corporate America any less “real.”
Haiti
Thanks to all of you who responded with donations to help with the situation in Haiti. I wanted to pass along an e-mail from John Hawley, who writes to us from the U.S. Embassy in Barbados:
“Thank you for the introduction to Hospital Albert Schweitzer. I will send them a contribution. I also applaud your additional advice. I have been a longtime, if sporadic, supporter of the International Rescue Committee, and I believe in their effectiveness and their rectitude. They will not divert your funds. The Charity Navigator ratings I have seen on several of the websites seem right on target. I have spent nearly 40 years in non-profits and NGOs, and I assure you there are amazing, dedicated people who have chosen to make this work their lives. Nevertheless, there is clearly a difference in effectiveness at getting resources to the problem, and your recommendations will offer excellent guidance to donors who seek the most effective organizations to bring their dollars to bear on the suffering in Haiti or on any other tragedy or chronic problem.
“Thank you for this mailing, and my heart is with all of your readers who seek to respond.”
If you missed the article with our suggestions on the organizations that’ll make the most effective use of your donation, follow this link. Given that Haiti just experienced a second quake, they can use your help even more now.
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Ru-Ru Ruckus
Some of our readers liked the Ru-Ru joke in the January 6th issue of IDE.
A reader who calls himself A wrote:
“I’m just getting around to reading Friday’s IDE, in which you asked for feedback on the Ru-Ru joke. I have to say, that joke totally cracked me up, but then I’m not a very PC person. I liked the joke so much that I was going to tell it to a friend of mine, until I remembered that his favorite type of sex is – you guessed it – Ru-Ru!”
And Suzie wrote:
“I am a lady from Malaysia, a small and rather conservative country in Southeast Asia, and of Chinese origin. In today’s modern world, with the Internet and technology, what is a little lewd joke if just to make a point, whether in investment or a subject in history? It makes the subjects more fun!!
“I do not buy much cattle meat because of long cooking time – very few Chinese eat their steak ‘rare.’ I also agree that vegans are not the most healthy. My late sister passed away at 50 and she was a vegan. As a moderate meat-eater (mostly fish, chicken, and pork), I’m positive that, barring death by accident, I should live past 84.”
Suzie, we wish you many years of prosperity and health.
That’s all for now. What are your thoughts? Let us know. Maybe you too can be published in IDE this year.
So, what’s on your mind? We welcome your feedback. Email us at: feedback@investorsdailyedge.com
Invest Safely,
Bob Irish
Investment Director
Investor’s Daily Edge
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