FACEBOOK: "IT IS A STORY ABOUT POWER. ABOUT PRIVILEGE.ABOUT TRUST & HOW IT CAN BE ABUSED." --ROGER McNAMEE
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Manage episode 226009698 series 1165508
Today's FEATURE focuses on Roger McNamee's cover article in the Jan 28th edition of TIME Magazine. He is quoted as saying "I helped create this mess. Here's how to fix it." We outline the 7 topics that the author fully develops that are essential to reforming social media that is out of control. McNamee, a FB shareholder and a close associate of Zuckerberg and Sandberg says in his opening remarks, " Recently, Facebook has done some things that are truly horrible, and I can no longer excuse its' behavior". It is apparent to us that there could be existing, unexploited technology that could be applicable to solve some of the issues outlined here. Other topics include: The equity market's conundrums, The FED decides not to reduce its' balance sheet, The Freight boom ends, Gold tops $1300/oz, Liar loans reappear while conventionals decline, Beware of the Ides of March, Kilroy is here again as a REIT, PALL zooms to $1,348/oz, A tribute to Jack Bogle, The World Economic Forum, The Shutdown ends for 3 weeks and It only took 3 weeks for ISIS to come to power in Minnesota. "Disclaimer: This commentary is provided for informational and educational purposes only. The information, analysis and opinions expressed herein reflect our judgment as of this date and are subject to change at any time without notice. They are not intended to constitute legal, tax, securities or investment advice or a recommended course of action in any given situation. All investments carry a certain risk and there is no assurance that an investment will provide positive performance over any period of time. Information obtained from third party resources are believed to be reliable but not guaranteed. Past performance is not indicative of future results. H. L. Quist is an Investment Advisor Representative."
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