Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

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Good StocksStocks

Some Modern-Day Widows and Orphans Stocks

The bottom line is that widows and orphans stocks still exist. You just have to know where to look for them.

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Good Stocks

Android Pay vs. Apple Pay

Android Pay does have one big advantage over Apple Pay; it can be integrated with the Discover Card right now. Apple claims that it will accept Discover, but it has not said when that will happen.

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You Missed It

America’s Center of Power Shifts to Silicon Valley

If the numbers are accurate, Silicon Valley is now richer than Wall Street, which has implications for us all. The only institutions in America richer than the tech companies appear to be the big banks and the federal government.

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Long Ideas

Facebook’s Messaging Services Could Have 1.6 Billion Active Users

On September 3, 2015, Mark Zuckerberg and WhatsApp CEO Jan Koum made this simple but revealing post on Facebook: “WhatsApp now has 900 million monthly active users.” That makes Facebook the most popular messaging application in the world, Britain’s Daily Express reported.

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Long Ideas

Self-Driving Cars Are Almost Here: Is the Insurance Industry Ready?

Even Warren Buffett, whose Berkshire Hathaway (NYSE: BRK.B) owns the iconic GEICO, has taken notice of the potential havoc this disruptive technology could wreak on insurers.

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Long Ideas

Auto Industry Developing Standards for Self-Driving Cars

One reason for this system is to make it easier to insure self-driving vehicles. Such standards will be vital if insurers are to develop policies for autonomous vehicles.

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Market Insanity

All New Cars will be Self Driving by 2025

If that prediction is true auto insurance costs could drop by as much as 80% because accidents are the main risk ensured for. By the year 2040 your auto insurance bill could be $10 or $15 a month for a brand new car!! Naturally that won’t do Progressive (NYSE: PGR) and Allstate’s (NYSE: ALL) profit margins much good.

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Long Ideas

Google Could Revolutionize Auto Insurance

Entering auto insurance would make a lot of sense for Uber because insurance has been one of the barriers blocking drivers from adopting its service. Some communities, like Kansas City, Missouri, have even banned Uber because of inadequate insurance. Offering insurance could remove that barrier and defuse one of the taxi cab industry’s main objection to Uber.

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Long Ideas

Retailers Still Not Accepting Apple Pay

A look at Apple Pay’s website indicates that most of the retail outlets taking the payment app are specialty stores and smaller regional chains. From the looks of it, Apple is still having a very hard time getting retailers to adopt its payment solution.

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