2017-10-14

Tech Review | Why Qualcomm $QCOM Seeks China Ban of $AAPL iPhones

Tech Review (TR 2017-10-14)--Domain Mondo's weekly review of tech news with commentary, analysis and opinion: Features • 1) Why Qualcomm $QCOM Seeks Ban in China of Apple $AAPL iPhones, 2) Jamie Dimon Says 'Stupid' Bitcoin Investors Will Pay the Price, 3) Investing: End of the Week--Stocks Close Off Record Highs, How to Minimize Investment Returns, 5) ICYMI Tech News.

1) Why Qualcomm $QCOM Seeks Ban in China of Apple $AAPL iPhones:

Bloomberg.com video above published Oct 13, 2017: Qualcomm Inc. filed lawsuits in China seeking to ban the sale and manufacture of iPhones in the country, the chipmaker’s biggest shot at Apple Inc. so far in a sprawling and bitter legal fight. Bloomberg's Ian King reports on "Bloomberg Markets."

2) Jamie Dimon Says 'Stupid' Bitcoin Investors Will Pay the Price

Bloomberg.com video published Oct 13, 2017: JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon comments on bitcoin during a panel discussion at the annual meeting of the Institute of International Finance in Washington.

3) Investing
End of the Week: Stocks close off record highs as earnings season kicks into full gear | cnbc.com Oct 13, 2017: "The major indexes hit intraday records before closing lower as earnings season kicked into full gear, with JPMorgan Chase and Citigroup reporting results. Wall Street also set its sights on economic data, with the release of unemployment and inflation data sets."

How to Minimize Investment Returns: "Long ago, Sir Isaac Newton gave us three laws of motion, which were the work of genius. But Sir Isaac’s talents didn’t extend to investing: He lost a bundle in the South Sea Bubble, explaining later, “I can calculate the movement of the stars, but not the madness of men.” If he had not been traumatized by this loss, Sir Isaac might well have gone on to discover the fourth law of motion: For investors as a whole, returns decrease as motion increases ... To get very specific, the Dow increased from 65.73 to 11,497.12 in the 20th century, and that amounts to a gain of 5.3 percent compounded annually. (Investors would also have received dividends, of course.) To achieve an equal rate of gain in the 21st century, the Dow will have to rise by Dec. 31, 2099, to — brace yourself — precisely 2,011,011.23. But I’m willing to settle for 2,000,000; six years into this century, the Dow has gained not at all."--Warren Buffett, Berkshire’s Annual Report (p18) February 28, 2006.

4) ICYMI Tech News:

-- John Poole, Editor, Domain Mondo  

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