Welcome to the end of the week and another edition of Happy Hour! Just sit back, relax, and enjoy your end of the week roundup of all things interesting in the land of money.
I’m a day late in the Thanksgiving wishes. So Happy Black Friday. I did find some interesting Thanksgiving Financial Trivia. It seems Thanksgiving time is steeped in a history of debt and high interest rates. The Pilgrims had to borrow to get here and at 30-70% rates. Just something to think about while you’re waiting in line for all those special deals today.
We lost an icon recently when Hostess closed it’s doors for the last time. The everlasting Twinkie and other Hostess brands were tasty treats of urban legend. When the news broke, Twinkie prices spiked as customers feared losing the inside out pound cake. There’s no need to worry though. There are already suitors for the name brands and recipes. Which still have value. The rush on stores proved it. You Twinkie addicts will get your snacktastic fix soon.
- Over The Top: The New War For TV Is Just Beginning – This is the big technology game changer we can expect over the next decade. Cutting the cord has started and will continue as more people gain access to an even faster internet. There are investment opportunities here that I’ll cover soon.
- Investing Lessons: Avoiding the Peter Lynch Bias – a nice reminder for the Peter Lynch fans out there, myself included. Investing in what you know can be biased and limiting.
- The Coming Boom – I tend to agree. The short-term may not look perfect. But the future looks better already.
- Chart Of The Week: What Does A Fiscal Cliff Look Like? – in case you were wondering.