Here’s a look at what I’ve been reading (or more likely skimming) today. I’ll update throughout the day as I find more interesting articles.
- Jeanne Sahadi discovers three individuals’ definitions of rich.
- You’re never too old to be an inventive entrepreneur. By “inventive,” I mean “illegal.” Seems the 80-year old was the madam for an escort service-cum-prostitution ring. Ah, Latin sex puns never grow old.
- Google [GOOG] came within half a dollar of $300 per share yesterday. Run away, run far, far away—or not.
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5:44 pm (reply)
I’m tired of people looking at the $300 part of their stock valuation and shuddering. People should be staring at the market cap, which exceeds that of Time Warner, and be shuddering because of that. A share of Class A Berkshire Hathaway is $83,000, the actual share price is meaningless.