« Canadian Equities: Stelco at the Eleventh Hour | Main | Taking a Breather »
January 5, 2005
Wendy Starbuck, blogger of note
I guess, given the mail I have received, that my remarks about Larry Kudlow struck a chord with people, mostly (but not all) thumbs up. One of the responses is from a blogger from Seattle, Wendy Starbuck, who also pointed me to her trading blog. I like it, and wish her well, and I'll refer to it in the future. I just didn't know if anybody in Seattle was permitted to have that name. ;-)
BTW, I wonder how she likes her publishing platform. It looks real neat, but I wonder if she tried any others. The reason I ask is that apparently there are now 20 new blogs started up every minute, and according to some people there will be 10 million by year end, up from a couple hundred thousand a year ago. People want to know what works.
And I wonder, from Wendy, how Seattle is taking to Boeing these days? You know the people I care about are the 156,000 workers who are getting screwed over by the 1,000 in management, who I guess are now mostly in Chicago.
If Harry Stonecipher takes $50 million off the table for personal compensation for 2004, and with his stock options package he might, just think what all that money ($300 per year for every worker in the company) could do for his employees.
These people ought to be just as sick and tired of listening to Bullshooter Harry as I am. Couldn't the company get somebody else to work as CEO for say $3 million a year?
I mean, really how much do these people deserve? It's not their company. What career risk did retired Harry have in returning to active business at his age? How many more millions did he need?
Wendy, that kind of thing -- more than Kudlow -- I find revolting. On the other hand, Kudlow is kinda cool actually.
Kudlow's a "personality" -- an entertainer -- and he probably earns what he makes, so kudos to him. I don't listen to Kudlow's views though, no more say than I did to the personal views of my college profs as soon as I saw them crossing the line from academia to personal agenda.
If I've got the time to watch Kudlow's show, I do because there's a bigger picture and mostly because it's entertaining. And entertained viewers like me are putting money into Larry's pocket. What's wrong with that?
Others, like Boeing's Stonecipher might think they are entertaining with that homespun Tennessee drawl going on, but frankly I don't care if a CEO speaks or looks like ET as long as the job's getting done and that, instead of having to listen to conjecture, we simply get the straight facts.
And, readers, isn't that the job of trading bloggers like Wendy and I, to give people our unfiltered conjecture about issues in capital markets?
And just like Kudlow, often we bloggers say some of the dumbest things.
CONJECTURE
Pronunciation: kun'jekchur
WordNet Dictionary Definition:
[n] reasoning that involves the formation of conclusions from incomplete evidence
[n] a hypothesis that has been formed by speculating or conjecturing (usually with little hard evidence); "speculations about the outcome of the election"; "he dismissed it as mere conjecture"
[n] a message expressing an opinion based on incomplete evidence [v] to believe especially on uncertain or tentative grounds; "Scientists supposed that large dinosaurs lived in swamps."
Posted by Posted by Bill Cara on January 5, 2005 01:47:47 PM | Category: Blogging World
Discourse
Wendy:
Thanks for the link on your blog to:
The list remains fairly thin, but if people start using feedback to send in other good pages then it's going to be possible to search out some pretty detailed information and a wide range of views. This goes a long way to uniting the finance blogs into a "larger publication."
Hopefully they'll soon provide an advanced search function, but even as is this is a major beginning.
Posted by: david bennett
at
January 6, 2005 4:01 PM [link]

Hi Bill, Thanks for the kind words. As for my blog platform,
I'm iffy about it in that it doesn't have many options and I don't like working with HTML templates all that much.
Concerning Larry Kudlow, yes, he is an interesting and elegant man in many ways. I just get so irritated with him because he just can't open his mouth without some kind of political spin on what he is saying. K&C is still a good source of information and I watch it still, but not as much as I used to.
I can't really comment too much on Seattle because I just returned here after several years living in the mountains of Idaho.
Best regards, Wendy Starbuck
Posted by: Wendy
at
January 6, 2005 10:51 AM [link]