Mark Scheinbaum has the latest financial & Internet news
"Mr. Biz" every morning at 5:50 and 6:50am ET.
Email Mr Biz

PLAIN JANE MUTUAL FUNDS COULD BE BEST
BOCA RATON, FLA. (Dec. 4, 2002)--When it comes to long-term mutual fund
investing, perhaps it's best for most investors not to try to "reinvent the
wheel."

WHAT WALL STREET NEEDS FROM SANTA
LAKE WORTH, FLA. (Dec. 11, 2002)--Santa George looked down from his sleigh and decided that Wall Street needs a new ribbon-wrapped Treasury Secretary, SEC Chairman, and Chief Economic Advisor. Santa George was wrong.

EMPEROR'S CLUB HAS WALL STREET LESSONS
LAKE WORTH, FLA. (Nov. 25, 2002)--Kevin Kline's new Thanksgiving week flick "The Emperor's Club" won't beat Harry Potter or James Bond at the box office, but perhaps it should be mandatory viewing in the front office.

THE WAKE THAT WOKE UP THE BULL MARKET
BOCA RATON, FLA. (Nov. 6, 2002)--Little did the late Sen. Paul Wellstone know that his own wake could have been the catalyst for sparking a bull stock market rally.

OPEN LETTER TO FORD. BEFORE IT'S TOO LATE
"Make it patriotic and cool to own shares of Ford, before it's too late."

MORE THAN 3,000 PEOPLE WERE KILLED AS THEY GOT THEIR COFFEE, ANSWERED THE PHONE, AND TOOK A PLANE TRIP TO SEE THE GRANDKIDS
Mr biz responds to an email

TABLOID ADVICE FROM THE REAL "TAILOR OF PANAMA"
With apologies to John Le Carre and a grade B movie starring Pierce Brosnan, we take you now to Panama´s sleaziest, but largest-circulation newspaper, for advice on business, life, and the human spirit, as told by the real ¨Tailor of Panama.¨
First, with due respect to the tabloid La Critica, which thankfully cuts through the daily political pomposity of some other dailies, today they did have the good sense to put the indefinite postponement of the space journey of boy toy Lance Bass on page 30. more..

IF TOMORROW NEVER COMES...IT WON'T MATTER
El Valle de Anton, PANAMA (11 Sept 2002)--Three thousand people going
about their business one year ago, learned that if tomorrow never comes.
means more than the poetic title to a Garth Brooks song.
There are no guarantees of another precious day of life. There are no
guarantees that unsaid words of love, or a hug today, can be made up tomorrow. more...

A WEIRD (MONTE)VIDEO GAME
LAKE WORTH, FLA. (Aug. 7. 2002)--I'm not an investment banker in Uruguay
nor do I play one on TV. But what if--just what if, I'm on to something here?
I literally shook my head upon awakening at my usual 4 a.m. the other morning
to check international markets, to clear the cobwebs and my ear drums when I
heard that U.S. Treasury Secretary Paul O'Neill was enroute to the capital of Uruguay
with a $1.5 billion bailout check to save the South American country's banking industry.
more..

WALL STREET'S CRYSTAL BALL
I just smile politely when people parrot, "Well, of course nobody can
predict the market...." because in a world of rocket scientists,
practitioners, and savvy veteran traders and floor specialists, the
macro-trends can be, and have been repeatedly predicted by the brave few who
are contrarians for many decades. more...

WARNING: DO NOT BUY STOCKS!
A client who owns a growing fitness club and is building a larger
club, has lost 10 per cent on paper this year in his annuity and called to
tell me, "I just know in my heart the market is going to zero, so I want to
sell everything." more...

IS IT TIME TO RUN FROM MARKET?
Looking at my old UPI alumni wire, I noticed an exchange from a
veteran reporter worried about his money, and a knowledgeable
financial services colleague offering advise. The exchange is
being replicated in coffee shops and brokerages houses around the nation. more...

U.S. INVESTORS KNOW WHAT GEORGE LACKS
Harry S Truman and Dwight D.
Eisenhower once had it, but Bill Clinton and George W. never did.
John McCain and Bill Bradley, and even Ronald Reagan had one, but Franklin
D. Roosevelt and Al Gore Jr. never did.
Still guessing? more...

YOUR TURN TO JUDGE HOMELAND SAFETY
Basically the Commander-in-Chief said, "It's time to keep our eyes and
ears open to trouble, and to troublemakers, in every neighborhood."
The vermin had hid amidst an unsuspecting population, training in
places such as South Florida, invaded domestic shores and attacked with
vicious vengeance from the sky. more..

HEY MARTHA! WHO DO YOU TRUST?
We were listening to the various versions of what Martha Stewart,
MOS (Mother of Style) did, and when did she do it, and wondered
about lingering questions, on and off of Wall Street, that America
would like answered? First, how come out of all of the companies in the world,
Martha ended up involved in her ImClone, her buddy's stock, in the first place? more..

STATION OF THE WEEK
My Ballot Box
What did you make of the President's Inaugural speech?

I thought it was very sincere and I'm excited about the next four years
I liked the words but it didn't feel heartfelt to me
Typical George Bush - delivered flat and filled with lots of liberty and freedom
I thought it was a little too utopian unless he plans on invading the whole world


View Results

Poll Results from previous day

Should big corporations and the wealthy be funding this inaugural?
No, they are making themselves the permanent ruling class and the rest of us are on the outside 26%
Yes, these volunteers save us money by entertaining Washington�s elite 32%
No, This should be an event for the people, not corporations � it makes me nervous 27%
Yes, cash is king � That�s the way our country works 15%


Past poll archives

Email Doug | Military links | Sunset over Europe | Military care package | Is your life full? | Media reform | Where's Doug?


Doug Stephan
Our Fearless Leader

Email Doug
© Doug Stephan 2003 add to favorites | recommend us | about doug | contact us