Wednesday, October 17, 2007

The Modern Elevator Stock Tip

It's hard to grasp how deeply embedded high-tech is within the fabric of Silicon Valley (and by extension San Francisco) until you have a moment like I did this evening. After checking in to my hotel for the Web 2.0 Summit, I was in the elevator with the bellman, and his obligatory chit-chat was not about the weather, but rather about today's earnings announcements from Yahoo! and Intel. Very surreal.

Monday, October 8, 2007

Robert Half International (RHI)

My most recent MFI pick is Robert Half International (RHI), a staffing and consulting firm with a 5.29B market cap.

I've also dumped dog HLYS (-69.88%), and sold IUSA (+17.54%). See the rest of my current and past holdings here, or track my investments via Covestor.

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Monday, October 1, 2007

iHeart my iPhone

I didn't need a new phone. My Nokia 9300 was serving me quite well, even if it was a tad crash-prone. Nice big keyboard (fat thumbs), reasonable Web browser, and solid integration with my work's Zimbra mail server (sidebar: Zimbra was recently acquired by Yahoo! for $350M).

... And then I had a few hours to kill in Palo Alto a couple weeks back, and as soon as I got my hands on an iPhone in the Apple store, I was hooked (the recent $200 price drop sealed the deal).

Like most things Apple these days, the iPhone is a thing of beauty, and using it puts every other "smart" phone to shame. But this isn't just about the iPhone, it's about why buying an iPhone led me to buy some AAPL as well.

I've bought my fair share of cell phones, both in stores and online, and it's typically a painful experience involving all manner of forms, applications, and other bureaucratic minutiae. With the iPhone, what took the longest was updating my version of iTunes. From there I just told Apple (not AT&T, Apple -- save a small logo, AT&T was essentially invisible) that I was already an AT&T customer, entered my current number and last-four-of-SSN, and then picked out a data plan. Less than a minute later, my new iPhone was active.

Apple turned an annoying, complicated transaction into a couple simple iTunes screens. In other words, they went out of their way to make it very, very easy for me to (a.) start using their product and (b.) feel just fine about paying them for it. And of course I had to buy a case, and a screen protector, and a headset, and a ...

And it seems I'm not alone. Here's David Strom and Tim O'Reilly on their own recent iPhone purchases (and a recent general Apple post from Joel Spolsky).