Let me keep this simple. There’s this thing called a “dictionary”, okay? It’s a big book that tells you what words mean, and it will tell you “advice” is a recommendation, not a statistic. Are you following me? You seem a little dense and it sounds like there’s an awful lot of anger spinning around in your head, which must suck, so let me just go out on a limb here and say that Om is not the kind of person who would let an itinerant like me publish a post on his site if I hadn’t earned at least a little credibility, if I didn’t support my statements with facts (like P/Es) or if I didn’t have the common sense to refuse to invest in any stock I write about.

Okay, that’s it, Dave. No more troll treats for you! Have a nice day.

I don’t necessarily have a problem with bloggers giving investment advice, but who are you? Are you a certified financial analyst? Or just some random blogger with a big mic under the radar of regulations that professional analysts need to abide by? Why not pull that stunt that one guy did with the phony Bloomberg site and announce Google buys Yahoo so you can dump those shares too. Just like hedge funds and their lack of regulations – it’s a big part of why we’re in this mess now.

For all we know – and this sounds increasingly probable, you’re just trying to pump up Google b/c you bought it at $750.

So in the spirit of transparency, do you own Google, if so how much did you pay?

This graph on the last minute of trading on GOOG end-of-qtr day, should be convincing that the market is indeed walking on water.. (it’s winter, afterall :-! ) http://tickersense.typepad.com/ticker_sense/images/2008/10/01/google_093008_2.jpg

permalink: http://imagineur.wordpress.com/2008/12/01/goog-last-minute-of-trading-on-930/

I did take exception to your earlier post on two points: First, that it was investment advice; it was not meant as such. And second, that a blog post is somehow incapable of being taken seriously. There are a number of financial blogs that I find more credible than many traditional media outlets.

@Lara and @10012: You are both arguing that Google could go down further. You may be right. I’m merely suggesting that Google has a long-term value that could outlast its short-term concerns.

My point is – I think unless you have a lot of time to dedicate to following the market AND have a decent understanding of the markets, you should probably stay out. Individual investors invest on emotion and not on fundamentals. Not to say that professional investors never make mistakes – look at the situation we’re in now. When too many people are playing, it gets dangerous so I would suggest unless you really know what you’re doing stay out. Instead, focus on your core competencies, if you don’t have one, get one – try to build value from that: write software, innovate business ideas, design websites, volunteer at schools, help the homeless, etc…

Everyone’s looking at the other guy who bought a fixer for $300K, turned around and sold it for $600K 3 months later. Now that house got foreclosed and sold in an auction for $300K. We’re all trying to make a fast buck. When we’re all trying to make a fast buck, most will lose.

Google search has done very well in Asia , but there are already alternative, especially in native languages ( Yandex in Russia and Baidu in China are number 1 in their countries). I come from India where Google is still dominant but with miniscule internet penetration , the search market stretches across a 10 year horizon in future. Infact, Google is already working very hard on Indic search.

Bottomline – Growth is in Asia and it will not be easy for Google to fight local competition. Lets wait and watch.

Google is a giant with a very good potential: when was the last day you did NOT use Google? I use it everyday, 10 times a day. Google is here for a long time, but I will sell with no hesitations.

You really sound like an over-bullish financial adviser on CNBC. This is exactly the type of greed that got us in this mess in the first place. You really should be careful about giving financial advice when you probably don’t know what you’re talking about.

I think the reason why we’re in this mess right now is because too many people want to make money from their money. Partly because everyone’s in 401K’s, partly because we’re lazy and greedy. Also, past performance doesn’t dictate future performance. Just because the S&P averaged 20% per year in the 90’s doesn’t mean it’ll do it again. Those days of total American dominance are probably over – it’s a new world. Look at real estate, even the wise thought real estate would never depreciate.

I think we all need to focus on “working” for our money, creating real value, and then saving most of it in insured accounts or very low-risk investments, then only invest what we can afford to lose. Not just buying stocks, and throwing money in a slot machine. If we all took this approach, internet stocks, real estate, oil futures, and commodities wouldn’t have shot up and crashed so quickly; and then grandmas, taxi cab drivers and tech bloggers wouldn’t be giving financial advice.