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Archive for: March, 2010

The awesome iPhone stand made out of cutlery

Thursday, March 4th, 2010

Forkhead iPhone Stand

That headline is probably a bit of an overstatement, since this is probably the only iPhone stand made out of cutlery. ForkedUpArt of North Salt Lake, Utah, is actually selling two different stands. ForkHead, who you see standing at attention at your right, and SpoonHead, ForkHead’s smarter brother.
Sold through our favorite iPhone accessory store.  The ForkedUpArt iPhone stands can be customized if you want, and according to the artist, “I’m making these guys as fast as I can.”
How much will one of these unique items put you back? About US$20, plus shipping. That’s less expensive than some of the fancy-schmancy stands you can buy through more traditional sources, and let’s face it — these stands are really cool.

Posted in Tech & Gadgets | No Comments »

Buffett’s tips for new investors

Wednesday, March 3rd, 2010

Warren Buffett

The world’s most famous investor lays out his basic principles in this year’s annual letter to Berkshire Hathaway shareholders.

Every few years, critics say Warren Buffett has lost his touch. He’s too old and too old-fashioned, they claim. He doesn’t get it anymore. This time he’s wrong.

It happened during the dot-com bubble, when Buffett was mocked for refusing to join the party. And it happened again last year. As the Dow Jones Industrial Average ($INDU) tumbled below 7,000, Buffett came under fire for having jumped into the crisis too early and too boldly, making big bets on Goldman Sachs (GS, news, msgs) and General Electric (GE, news, msgs) during the fall of 2008, and urging the public to plunge into shares.

Now it’s time for those critics to sit down for their traditional three-course meal: humble pie, their own words and crow.

On Saturday, Buffett’s Berkshire Hathaway (BRK.A, news, msgs) reported that net earnings rocketed 61% last year to $5,193 per share, while book value jumped 20% to a record high. Berkshire’s Class A shares, which slumped to nearly $70,000 last year, have rebounded to $120,000.

(more…)

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