Monday, November 20, 2017

From journalism to politics to Hollywood, etc. Sexual harassment claims saga continues

In the past 60 to 90 days, many prominent people have been accused of sexual harassment that it is quite disgusting to read. Harvey Weinstein, Jeffrey Tambor, Brett Ratner, Russell Simmons, and Jeremy Piven are only a handful of names. Kevin Spacey, Al Franken, Steve Jurvetson, and Charlie Rose have lost their jobs also recently due to the ridiculous actions. Whether it's journalism, politics, Hollywood, or venture capital; many diverse industries are being classified as unsafe places to work for both genders. Louis C.K. and Roy Moore have become lurid household names for sexual misconduct. Is there something psychologically wrong with these high profile men? That question is very hard to answer, as some of them including Harvey Weinstein have lost their marriage and state of mind also. Weinstein went to a residential treatment facility about six weeks ago, to seek help for sex addiction plus other problems. What about the victims, and how can they get help? Gwyneth Paltrow, Angelina Jolie, Olivia Munn and other famous Hollywood actresses have told the press, and general public about their meetings with Mr. Weinstein; Brett Ratner and other movie directors. The #MeToo movement is growing rapidly on Twitter, and many people have tweeted their experiences on various social media platforms. Victims of sexual harassment have been encouraged to file a legal claim, even if they have allowed the extremely rude behavior. Sexual harassment has been going on for many decades, and there is no real ending for this major societal problem. Victims should seek help from therapists, because it will help them conquer their fear of not speaking out. Sexual harassment in the workplace seemed to be declining until the past six months, as all the bizarre cases in an array of industries have been revealed. Finally, let's look at some famous sexual harassment cases like the Clarence Thomas hearings in 1991. Some other notorious sexual harassment cases are Navy Tailhook scandal of 1991; Senator Bob Packwood and his sexual misconduct in the 1980s; comedian David Letterman and his major late night mishaps in the late 1990s and early 2000s decade; and New York Times journalist Glenn Thrush recently. In the end, the best advice is for everyone to be very meticulous of their actions and environs. Hope the reader likes the image above of the various paths, which people should seek whether they are the accused or the victims. Good night and good luck!

Saturday, November 4, 2017

If you own any of 'FANMAG' stocks, then hold onto them!!

In the past few days, the three major stock market indices (Dow Jones Industrial Average, S&P 500, and Nasdaq) in the US closed at record highs. If you own any of the 'FAANG' stocks, then you may have made a very smart purchase. 'FAANG' stocks are Facebook, Apple, Amazon, Netflix, and Google. CNBC reporter (and Thestreet.com founder), Jim Cramer; may have coined this acronym back in 2014. Today, Facebook (FB) and the other four tech. companies are some of the most valued companies in the world. Apple has a market cap. of $891 billion; Facebook has a market cap. of $520 billion; Amazon has a market cap. of $536 billion; Google's market cap. is $723 billion; and Netflix is at $87 billion market cap. The DJIA has increased by almost 20% in the past 10 months, while the Nasdaq has increased by 26% in 2017 YTD. Finally, the S&P 500 index has increased 16% in 2017 YTD. Yet, there is one company that should be added into the mix. It is Microsoft, and the tech. giant has a market cap. of $649 billion. Then, the acronym changes from 'FAANG' to 'FANMAG.' These six companies are high performing ones, and they are tech. long term values. Most investors and hedge fund managers would advise the stockholders of these companies to hold onto these six corporations, in order to gain a long term profit. All six of these companies have been innovators in different industries, in the past three decades. Amazon has been a leader in e-commerce for the past two decades, and the company is looking for a new city/state to build their second headquarters (HQ2). Apple released their Iphone X product yesterday, and the phone is the most expensive smartphone at $1000 for a consumer to purchase. Facebook has been a leader in social media for the past decade, or a shorter time frame. The company has gained major traction in advertising and journalism, as more than 40% of generation X and Y read the news on Facebook. Google has been the #1 search engine; a leading web advertising company; and their Google Pixel 2 smartphone is a viable option for the non Iphone (or non Samsung galaxy) person/community. Microsoft continues to be a leader in the software industry, plus dabbling in the video game world and other areas. Netflix leads the streaming video market, for the past eleven years according to many Goldman Sachs (and other huge investment banking) financial advisers. Finally, there are competitive companies that give the 'FANMAG' stocks a bigger reason to innovate. For example, Hulu continues to be a viable competitor to Netflix thanks to their new subscription based plan services introduced in 2015 and 2016. Samsung reported record 3rd quarter profits five days ago. The South Korean electronics juggernaut continues to make major headway with their Galaxy S8; S8 Plus; and Note 8 smartphones. Goldman Sachs and other leading investment banking firms think that most investors will buy more of the 'FANMAG' stocks in years to come. Good luck to you, if you are a 'FANMAG' stock owner. Enjoy the image above, and arrivederci from G. Ripley.