Hard to Understand!
The German government has
issued bonds with a negative yield.
People are buying them. It’s hard
to understand how they are a good investment.
Alex Rodriguez has been a
good baseball player in the past. He’s
also been a liar, a performance enhancing drug user, a source of distraction
for his team. I know it would cost the
Yankees some money to dump him, but I don’t understand why they refuse to cut
their losses and move on. It seems to me
he’s a negative yield player with little upside.
Speaking of negative yield
sports figures – Sepp Blatter is a poster boy for corruption and autocracy in
the world of football (soccer). It is no
secret why his cronies won’t dump him – they would lose the power they have
with him in charge. Some day he’ll die,
step down or be ousted, but that day doesn’t seem to be close at hand. In this case, I do understand why the status
quo is firmly in place.
The handwriting is on the
wall for the film industry. They act
like it is still the 1940s, when 60 million Americans went to a movie theater
once a week. Those days are gone and
will never come back. Mobile devices,
streaming, the Internet, broadband, and a desire by people to see what they
want when they want and where they want is today’s world. Yet, we still have to wait months to see most
first-run films outside of a theater. I
don’t understand why smart people insist on shooting themselves in the
foot. It could be, of course, that they’re
not so smart after all.
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