Here are a few special Tim-crafted fyi's for you regarding BlogShares:
My mathemagic friend, Jason, put together a proof regarding a coming BlogShares bubble (yes, inflation abounds!). If you thought the Bank of Japan or the Fed were bad at creating cycles, BlogShares will be fun (there was a lady who posted on the forum saying that her teenager is now playing the game and is learning so much -- if only she knew Bubble Theory).
Seyed (the guy running BlogShares) has started thinking ahead to alleviate some of these problems before they occur. And yea, believe it or not, a 'Capital Gains Tax' has been put forth to debate. I don't think you have to guess which side I'm on in that debate.
And lastly, I've been practicing a 'trick' that Matthew Davey told me. It's nothing sinister or even cheap; all you do is buy the stock in one blog over and over till you have a nice egg to sell. Each time you buy some stock, the value grows. You do this on dozens of blogs over a few weeks time and you're sitting in hog heaven. I went from $17k to $50k in 3 days: Thanks Matt (yea, most of you probably knew it, but practicing it all the time that counts).
Posted by Tim at May 8, 2003 11:14 PM | TrackBack