I don’t trust Cisco or John Chambers, I think Ballmer is a putz, Ebay is Web 1.0, Dell makes microwave ovens, and Craigslist at it’s best is for midget porn.
But in the post ‘Financial Leverage’ era, certain companies exist are thriving and accelerating without capital markets. They will continue to benefit from all the ‘Social Leverage’ they both create and immerse themselves in.
I call it the NEW NEW Nasdaq.
The leaders of the new era will survive beyond their current CEO’s, have surpassed their Y2K bubble peaks, will bounce the fastest after stock market corrections and will continue to alter the way we look at shitty industries (content, telecom). Because the stock market is so broken and thin, The NEW NEW Nasdaq has a few private companies.
1. Apple – Apple continues to have the most catalysts. iPhone, App Store, Music, iPod, Macbooks, and STORES. They have casually gone into gaming as if by mistake and have the power to ‘GO SLOW’. That power makes them the number 1 Company on my NEW NEW Nasdaq.
2. Amazon – I think Jeff Bezos is the best CEO of the NEW NEW Nasdaq. He has seen the brink of death and brought the Company all the way back. He is well past financial leverage. His investment in Twitter and Amazon’s recommendation engine give me faith in the company’s commitment to ‘Social Leverage’. The Kindle may not be perfect, but their customer service is. The fact that they power most web 2.0 (and wannabe) companies is the hidden gem for the next 10 years.
3. Priceline – I must say I don’t know why because I don’t THINK I use the service so please explain it to me in the comments. I plan on digging in myself this week.
4. Google – Google would be a better company if they sold 5-10 companies before they bought 5-10 companies more. They have built such large ‘MOATS’ around certain aspects of search and gmail that I can’t leave them off the list. They have the capital to be a leader in Social Leverage if they would just ‘lighten up’. Something as simple as putting me in charge of their ‘Social Leverage’ jihad would be a smart first step :) .
5. GOLD – $GOLD is boring. Gold has no cash flow. Gold is hard to store and carry around. Everyone is selling their gold and no one is buying it. But Gold keeps rising. I have had some $GLD amd $DGP in my portfolopi for 4-5 years and I will one day melt it down to buy some MacTablet’s and Kindle’s and make it all worthwhile. In the meantime, burrow a hole in your basement, pile in some gold, and every friday night say hello to it. It’s pretty easy to feed and take care of.
5. Twitter – I think Twitter must be watched now because of the attention alone. It has brought ‘The Now Web’ into the spotlight. The momentum money in the private market has stepped up. Twitter has a lot of responsibility as a private technology/web company. It could get bought for a high valuation or do what Google did and stay independent.
6. Facebook – Facebook is 100 percent pure evil. It is the Equifax, Experian, Transunion of it’s time. The data will not come out of the borg in ways we like. I barely use the product, but 300 million of YOU do. It is an inevitability because of it’s wonderful design, technology and user base. I am sure they will go public and I am sure that massive gushers of revenue will appear. But, behind the gushers will always remain pure evil.
It’s just a list, but it’s mine. It’s also right.
You are asking…hey Howard, why no alternative energy? I say, Al Gore. I would rather bet against that dude than with him.
You say hey Howard…why Biotechnolgy? I say hey, the perfect drugs are Ambien and Marijuana. Ambien is off patent and marijuana does not have a Starbuck’s yet.
Chew on it, smoke it, swish them around. The list is not racy and that imaginitive, but either are the mutual funds that bid up the winners.
Please take the time to chime in on all the other stocks and industries I missed, but remember most will be too heavily reliant on the government and their agencies.