Are you a Tech Moron?
Posted on October 24th, 2007 in Uncategorized | 1 Comment »
1) You have some sort of Online storage for important data. A good place would be Yahoo Briefcase (or Flickr for photos). This reminds me of a conversation many years ago about when my house is burning down (now that Southern California is burning), what would I want to save (other than my own awesome arse) first, is it photos (memories) or is it important documents like passports. The importance of online storage is you never have to save anything. If you are a writer because don’t only have 1 copy of your manuscript in 1 computer, and viola, you know what happens. Yes, your life is stored online, it should be. One day we should be able to die in a car crash and download ourselves into a new body.
2) You use firefox instead of IE. I know, it doesnt come with your computer. But really it takes 2 secs to download and install it, and even grabs all your bookmarks from IE. Forget how much better firefox is than IE security wise, firefox has all sorts of interesting plug-ins that checks yahoo and gmail, FTP, google bookmarks that stores your links online, forget the days (what was it, 8 years ago?) when I was icq-ing myself links from my work to home computer. Better yet, if your computer crash, firefox remembers everything.
3) You use RSS feeds to view your articles from your favorite sites. RSS is very useful, and you can use that on your my.yahoo page (or yahoo mail) or google documents. Forget about checking a site every 5 minutes and hoping that someone won’t update it (I know, you got to do that here), it tells you when and where there is something new to read.
4) You have a media PC, and that means you have a computer connected directly to your TV, if not that you should have some streaming device to act as a in between (like Apple TV or xbox 360), but there is no reason for that, for it is very easy to stick your computer next to your TV and access it remotely from a laptop. Forget about paying for tivo, if you had cable, use your PC to record your shows, in fact forget about cable, forget about your DVD player, forget about going to blockbuster, download compressed video, which almost look just as good. My computer has been connected to my TV for almost 5 years? If you haven’t done so, you are 5 years late to the world of technology.
OK, if you haven’t done at least 3 things out of 4 things in the list, you are in fact a tech moron. But it is very easy to change that, you can learn how not to be one. One thing about asking whether you are a moron, is that by asking that question, you are showing some sort of remote intelligence that is lacking in the majority of human population. Enough said, on to the next thing.
Lets look at emerging technlogy in the Internet Space:
| Winner | Laggards | |
| Search: | Yahoo, Everything else | |
| News: | Newser Beta | Yahoo News, and everything else |
| Finance: | Google Finance | Yahoo Finance |
| Mail: | Yahoo Beta | MSN Hotmail, Microsoft Outlook |
| IM: | MSN + live messenger plus | Yahoo Messenger, AOL / ICQ |
| Social: | MySpace, Friendster, and everything else | |
| Photo: | Flickr | Sony Imagestation, and All other photo sites |
| Shop: | Amazon Marketplace | Buy.com, yahoo auction, and all other sites |
| Map: | Google Map | MapQuest, Yahoo Map |
| Office: | Google Document | Microsoft Office |
I am not going to talk about any of them, you just have to experience them on your own. I am still most impressed with Newser, proven to entrepreneurs that even when someone else is 10 years ahead of you, doing something differently, in a better way, wins…, and that is possible. Facebook is now valued at half of yahoo but has 30 times less revenue (is this a sign of bubble?), but I have many good things to say about Facebook, which I am not going to say it here, but the stickiness factor is there (read Tipping point), it makes us go back, not just that, it makes us want to develop applications on it. No doubt when Web 3.0 comes upon us, new leaders will once again emerge.

From someone else’s recommendation, I revisted this AOL music page, and I realized I was part of a team that helped develop early versions of this when I was a consultant there, but I never really used it (I always wonder why AOL still exists, among other things). It is actually a good way to listen to the top songs. And I became wasted on this song after listening to it 1000 times — Carrie Underwood’s Wasted. I love the song. Hay she is not bad looking too. Kelly Clarkson’s songs are terrible lately (and have you seen her recent pictures? Implosion: Trust me, you do not want to see her up close)
| Winner | Laggard | |
| Somewhat cute chick American Idol turn Pop Star: | Carrie Underwood | Kelly Clarkson |
While talking about technology, I will touch upon investment, I saw Google yesterday at exactly 666.66 when I came into the office, thought that was somewhat sarcastic. While their motto is to do no evil, Google is the only corporation in the position of power to take over everything that is humanity, whoever controls the flow of information, controls everything. No doubt in 20 or 30 years, Google will become so pwerful that it can track anyone and predict anyone’s move based on their browsing habbit, it can change human history on the fly, it will become, well the mother brain, and one day someone will deploy a EMP bomb to take it down, and take us into the dark ages, and a band of adventurers will challenge the mother brain… RPG style, I have gone off topic. On to investment, market is see-sawing, I now think the tech leaders (GOOG, RIMM. AMZN, AAPL) are over extended, no doubt they are still good for long-term hold (probably beat putting it in the bank, or under your grandma’s bed), new leaders are ascending, as per my last post a few weeks ago, my recommendations are still making new highs, FSLR and VMW (I keep saying VMW will get you a BMW, earnings out today!) are the new leaders, and contenders are SPWR (no dent today in the horrible market) and STP, speculative guesses: STV and IGE. My long time bottom recommendation NYX has finally reversed its course (from pathetic to rising steadily). One trading advice I have is, don’t gamble and always have cash reserves. If you don’t want to take a chance when earnings come out, sell half of your positions (Cramer teaches trading around your core position). I did that with Google (which turns out to be a bad move), that way either way the stock moves it goes in your benefit. If it goes down you can accumulate, if it goes up drastically, you can forget about it and move on to other things. Its good when you flip a coin and either side there’s something to your benefit. Buying an reverse index fund for short term seems to work quite well as hedging your positions (QID is the reverse of QQQQ and hedge against GOOG), so do that instead of ever shorting anything. If you did that right before goog earning, it becomes a win-win situation, the next day Nasdaq falls drastically but google is still up, your reverse index fund would make about 5%. Anyway, enough with the boring stuff.

