Friday, December 21, 2007

The 5 Best of 2007

You cannot have a "Worst of" list without the "Best of" list to balance the scales. So, here you go.

5. Inflation. Ok, so inflation isn't necessarily the best thing to have the best of list. But can you really deny it? We have seen commodities such as oil, corn, and gold make major runs. Have you gone to the grocery this year? Talk about payment shock. The dollar just doesn't buy what it used to (and that is not even a depressed dollar joke).

4. Goldman Sachs. Even though shorting mortgages while actively promoting and selling mortgages at the same time is at best sleazy it did turn a buck quite nicely. They were the only major investment bank not to have major write downs due to mortgage related debt due to their "creativity" and hedging their bets. There is a reason they are considered the Rolls Royce of investment banking.

3. We're leaving this one blank. Yeah, 2007 hasn't been that great of year. Who has ever heard of a 4 Best List?

2. Google. The world is slowly being taken over by the behemoth. And it seems that everyone is cool with it. Want to know why? They do it right. Google Maps...free and cool. Gmail...better than any other free email service. And the possibility that Google will enter into the cell phone market with killer apps...even better.

1. Apple. They have the best Mac vs PC commercials. They have the best ipod commercials. Any song pitched on the ipod commercials become hits. Who hasn't found themselves going, "1,2,3,4 tell me that you love me more," in the last couple of months. And then there is the iphone which has been a phenomenon unto itself. Great year, great run, great profits.

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