Yahoo (YHOO) is one of the most criticized technology companies in the world. It is frequently seen as a step behind Apple and Google, and the haphazard growth in advertising dollars across its journalistic platforms (coupled with a non-intuitive interface) make the company an easy target for ridicule on the CNBC circuit.
While I agree that Yahoo is not a company I would put on my list of “100 Companies To Buy And Then Take A 50 Year Nap”, there are nevertheless many peripheral factors that make Yahoo far more intriguing than a superficial glance at the commentary or the news site would reveal.
David Filo and Jerry Yang hung out at student centers, bars, and coffee shops in the early 1990s while graduate students at Stanford, trying to figure out a way to get news stories and word searches to people across the United States in a more convenient … Read the rest of this article!
When I read investment message boards, I can tell that investors are about to make bad investment decisions when they abandon traditional measurements of value and instead suspend disbelief by focusing on esoteric business metric. This is nothing especially out of the ordinary–there are always areas of the economy vulnerable to either excessive greed or excessive fear that temporarily persuade intelligent, hard-working men to depart with their money on a whim.
Those thoughts come to my mind when I read articles touting investments in Tesla Motors. There are many things to like about Tesla the company. The Roadster and Model S recapture some of that sexiness in American car design by harking back to the era when Americans actually based part of their identity on the cars they drove.
It is impressive that Tesla has been able to commercially produce an EPA-compliant electric vehicle that can travel 236 miles on … Read the rest of this article!