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Jim Cramer & tulipomania

March 18, 2009 By: Matthew Ho Category: business, finance, wiki, youtube

I really like this video which unspy posted on my blog earlier.

[youtube=http://www.youtube.com/watch?v=RRKc_-VqJm0]

To me its just not fair that hedge funds and corporations can manipulate the stockmarket. It’s the notion that there is no such thing as “market correction” or equilibrium. I believe George Soros said this as well in his book. It’s not a science because there’s humans involved. 

Financial market regulation was an area I could not ignore in my studies as a lawyer and accountant. In fact, I did a thesis on it =P Shenanigans and antics pulled by Jim Cramer’s days as hedge fund don’t give normal people a chance in the stock market. They’re shifting huge piles of money around in back rooms to create artificial lifts in stock prices or spreading rumours to make a stock go down. Essentially, they are screwing with people’s money and the overral stock market. It’s nothing new, its always been going on. 

The fact is that some CEO’s have lied and financial reporter’s don’t do enough digging around to reveal the truth. Financial reports don’t necessarily tell the truth either – sometimes the real info is hidden deep in the notes or in off balance sheet financing and never reported. If it is so opaque what trust do we have in financial markets? There always seem to be a hidden truth and unbelieveable faith that things will get better and an ideal of constant growth.

It’s tulipomania all over again. Check this from wikipedia:

“Tulip mania or tulipomania (Dutch names include tulpenmanie, tulpomanie, tulpenwoede, tulpengekte, and bollengekte) was a period in the Dutch Golden Age during which contract prices for bulbs of the newly introduced tulip reached extraordinarily high levels and then suddenly collapsed.[2] At the peak of tulip mania in February 1637, tulip contracts sold for more than 10 times the annual income of a skilled craftsman. It is generally considered the first recorded speculative bubble.[3] The term “tulip mania” is often used metaphorically to refer to any large economic bubble”

I’m out like the bubble bursting,

Matthew Ho

Jim Cramer v Jon Stewart: The Showdown

March 15, 2009 By: Matthew Ho Category: business, finance, video, youtube

I’ve been watching these videos for the past hour or so. They’re very interesting, particularly given the current financial climate.  There’s been a feud brewing between Jim Cramer, the host of CNBC’s “Mad Money” and Jon Stewart, host of the Daily Show

I’ve actually got one of Jon Stewart’s books on my shelf (its brilliant!). FYI – Jon Stewart is a comedian. These two networks are supposedly sister networks as well. Watch these unedited & uncensored videos, they are very insightful – I was addicted! (note: the daily show posting these vids on their website)

Part 1

[youtube=http://www.youtube.com/watch?v=NYWwBG7RDfE]

Part 2

[youtube=http://www.youtube.com/watch?v=JyyOfAfrt9U]

Part 3

[youtube=http://www.youtube.com/watch?v=o7og_2XjrhI]

Based on what I have seen, Jim Cramer was pummeled by Jon Stewart. It was a three round knockout, that destroyed Cramer’s credibility. However, Cramer accepted too much blame. Could ANYONE have predicted some of these crisises and collapses?? If you put yourself out there and tell investors to buy Bear Stearns and then it crumbles, should you accept some of the blame? 

It reminds me of 5 – 7 years ago when people were recommending Enron, Worldcom, etc… and then they collapsed. I don’t think the CNBC network and Jim Cramer should be solely to blame, even though they made those recommendations. Yes, they could have done more due diligence, but it is a crazy stock market out there. Cramer should have stood up for himself more. Jon Stewart didn’t even give him much of a chance to respond either. He just kept knocking him down blow after blow.

The impact is once in a life time, however similar “shocks” have happened before. See Enron bust, Dot.com bust, Asian Crisis, and Black Monday 1987.

I’ve never doubted that there is manipulation in the stock market, some legal, and some illegal.  

Here’s the original video Jim Cramer did a few years ago, discussing how hedge funds manipulate the stock market:

[youtube=http://www.youtube.com/watch?v=5M-OiXUhZNE]

I’m out like Jim Cramer’s career,

Matthew Ho.

Black Eyed Peas v MC Hammer Mashup: U Can’t Touch My Humps

February 28, 2009 By: Matthew Ho Category: MC Hammer, Websites you should check out, social media, video, youtube

Whilst trawling the net for some MC Hammer pictures, I thought why not check youtube? It’s the treasure chest of video content.

Most of the MC Hammer videos are pretty bad quality (since they are from the 80′s). Why don’t they re-release some of the videos in higher quality format? Or even do a remake – 2009 style. He’s obviously popular. One of the video’s with 9 million views has been banned by youtube. Youtube doesn’t actually “ban” the video and take it down these days if there’s a pending legal dispute. They actually just take away the sound. It’s pretty stupid.

So what the author did was replace it with a keyboard sound.

Anyhow, I came across this awesome mashup with Black Eyed Peas v MC Hammer: U Can’t Touch My Humps

[youtube=http://www.youtube.com/watch?v=TjP6QAobG24]

It’s brilliantly made and remixed.

And if you want the classic MC Hammer styles, check out the video below. It took me a while to find a decent version.

[youtube=http://www.youtube.com/watch?v=WJ2ZFVx6A4Q]

I’m out like MC Hammer mashups,

Matthew Ho

Google Ocean? Check out Google Earth’s new features

February 07, 2009 By: Matthew Ho Category: Google, social media, video, youtube

Google never fails to impress me. I’ve been catching up on my reader feeds, and was reading the Youtube blog and came across the new Google Earth 5.0 features. It’s off the hook!

Now you can look at the ocean, go underneath the ocean, and also check out thing people have landmarked. Like videos of fish they have discovered at a certain point, websites about a certain location. It looks like a mashup feature with geo tagging (tagging the actual location on google earth). I won’t talk any more, and I’ll let the video do it justice.

[youtube=http://www.youtube.com/watch?v=GSuJq4UzkIA&eurl=http://www.youtube.com/blog&feature=player_embedded]

[youtube=http://www.youtube.com/watch?v=6ATw1f_qcEg&eurl=http://www.youtube.com/blog&feature=player_embedded]

I’m out like Google Ocean,

Matt

Projections for ’09: A good year?

January 28, 2009 By: Matthew Ho Category: Google, Legal, Websites you should check out, advertising, career, folksonomies, personal, social bookmarking, social media, travel, wiki, youtube

After completing the lengthy 2008 post,  I’m going to write briefly about 2009 so far and what I hope to do.

From a professional perspective:

- Work more with websites. I would like to work with Umbraco, Sitecore, Reddot, Fatwire etc.., which are open source content management systems. More like finding out what the client wants, developing a strategy and design, managing the build and overseeing the process.

- Online Display Advertising – I’ve very keen to look at stuff like banner ads, learn about adblaster, open ex ad serving and the like.

- Become involved with social media. I would like to experiment with online marketing campaigns involving social media. I haven’t done any yet, but I am eager to do a viral campaigns using Youtube, social bookmarking, etc….I’m really into social media from a personal perspective because its interesting. However,  it’s hard to see how it can be monetised & the commerical appeal – there’s no real formula.

- I’ve started up a work basketball team @ Alexandria. Unfortunately, I’ve sprained my ankle but hope to be back soon. It’s the first sports team @ Next Digital, Sydney so should be an interesting ride.

- I’m attending a few events in the next month or so:

I would like to attend events,  every now and then to hear industry thoughts, meet people, etc…The event that I really want to attend is Wiki Wednesdays if they ever hold it again. Its for people that are involved in wikipedia’s which leads to……..

- Working on a wiki using Confluence. Its my pride and joy at the moment, and I’m currently the residential expert. I hope to evangelise a wiki culture into our business and show others how to use it. It was my suggestion back in October when I posted about it on my internal work blog, and it slowly coming to fruition.

- continue to find out more about folksonomies, search engines, cloud computing (my favourite topic area at the moment), and RSS.

- I currently have an allocation of work time to study search engines and I will be going for the Google Advertising Professional Exam.

- I hope to find a mentor at work or outside of work.

From a personal perspective

- I would like to do some travelling this year around Australia. I’ve seen so much of the world (Europe, states, Asia, etc.) but I’ve never seen Ayers Rock, WA, Great Barrier Reef, etc… This year I will tick one of them off my list.

- International travel – if not this year then the next. I just had a look at tickets to South America, maybe somewhere like Brazil or Peru would be cool.

- Get my own car & move out!! These two things have long been overdue. They both will be done (or a least one!) by the end of the year.

- I would like to sign up for this local mentoring service. I saw a notice at the library asking for mentors, and I feel like I could help someone. I also believe that I should do some volunteer work if I can find the time (there always is time, I just can’t find it :P )

- Fix up this website and get a proper website. It’s ok having a stock standard blog, but I would like to upgrade the website.

- Sign up for a gym – something I’ve also been meaning to do. I have the form on my desk and was about to complete it, but then my ankle injury hit.

I’m out like moving out,

Matt

Camera phones record fatal shooting of Oscar Grant

January 14, 2009 By: Matthew Ho Category: Websites you should check out, mobile, photography, video, youtube

The availability of camera phones has made everyone a photographer and a movie producer. Now, we have a device that is with us 24/7, that can record just about anything. Sometimes, they record things we wish we couldn’t see with our own eyes.

On New Year’s eve in Oakland, 4 men were arrested by BART transit officers. BART officers are basically like CityRail officers in Sydney, Australia. Oscar Grant was one of the men that was put up against a wall and was sitting down. He has his hands up and is then forced to the ground, face first. One of the officers puts a knee against his head. Another officer jumps on top, pulls out his gun and then shoots him in the back.

Check out the footage below, in its raw form (there’s a long comment at 0.11 seconds).

[youtube=http://au.youtube.com/watch?v=idJAr6NUy3E]

That is just incredible footage of a man who was wrongly shot. He was not struggling, he was co-operating with the police and then he was shot for no apparent reason. There’s also another angle which has emerged from another girl who also shot it with her camera phone. I have no words to describe this, other than shocking. if you watch the officer he actually put his hands on his head as if thinking “What have I done?”.

The family is now suing for wrongful death and the BART officer in question has resigned.

[youtube=http://au.youtube.com/watch?v=IKy-WSZMklc&feature=related]

I came across this incident via Flickr. I subscribe to the Flickr blog which highlights interesting photos. In the aftermath of the shooting, there was a memorial service and a protest against police brutality (sidenote: BART officers are not police officers). The protest then turned into a riot ala the Rodney King beatings which happened like 2 decades ago, and this was captured by a Flickr user who has uploaded the photos.

A colleague of mine suggested using the search engine Mahalo, so I thought I would give it a whirl. It gives you blended search results with a mixture of wikipedia style facts, video, and results from google, yahoo, live, flickr and youtube. One of the video’s I came across was a personal account of the riots, which show how dangerous it was and also the frustration of the youths at the end.

[youtube=http://au.youtube.com/watch?v=5_U77PMgy90]

The availability of camera phones, the internet, the various platforms from flickr, youtube, and google, have made news so much more viral. It also allows us to see things from a different perspective. Without camera phones, we would not have visual evidence of what happened, other than the oral accounts of eye witnesses. User generated content now plays an important role in the dissemination of news items and to provide greater depth, angles, and storylines which we previously never had.

The camera phone recordings will also be crucial in the legal proceedings in finding justice for the family and perhaps to prevent incidents like this occurring in the future.

I’m out like the riots in Oakland,

Matthew Ho.

www.inspiredworlds.wordpress.com

Jay Z v Radiohead mashup = Jaydio

January 13, 2009 By: Matthew Ho Category: download, music, video, youtube

Mashups are some of my favourite music. Essentially, a  mashup is a remix which puts together two or more styles of music. DJ’s mix the music in ways you never even thought of, making an old song sound totally different by mixing it with another style.

One mashup that has been sweeping the internet is Jaydiohead, a mashup of Jay Z & Radiohead by DJ Minty Fresh Beats. It’s growing on me. I probably like it because it’s a Jay-Z mashup, and I’m a huge Jay-Z fan.

Jay Z v Radiohead

Jay Z v Radiohead

Mashups have become really popular in the last couple of years. Dangermouse’s Grey Album, a mix of Jay Z’s “Black” album and the Beatles “white” album is one of the more famous & controversial ones.  Mashups have become so viral because of the internet – they spread so fast now as they can be downloaded and shared on peer to peer networks. DJ Minty Fresh Beats and his website has gotten publicity on Digg, Delicious (where I originally found it), MTV, and the Carson Daly Show (see below).

But don’t just listen to Carson & me hyping it up, check it out here and download the torrent for free!

Mashups -  The law and opportunities

Mashups are changing the way we consume music. We are hearing sounds which the original artists and the record companies did not even fatom. Their are legal issues as well, because the DJ’s are using music belonging to other artists, which the music labels would probably never clear. But, the music labels and the artists – they should be embracing it as the music is being introduced to new fans and markets. For example, I don’t even listen to Radiohead, but I might get their albums now.

Record labels and artists should be encouraging mashups, and letting them be downloaded for free. It is innovative, creative and the public love it.

[youtube=http://au.youtube.com/watch?v=nBpgik8BkPE]

Change of the music industry business model

The music industry itself has been turned upside down with the internet. It’s totally changed their business model.  I watched a video on the American Express forums where the Editor for Wired stated that “we are growing up in a generation of free”. We are able to download what we want for free. Some artists are embracing it, while some music companies take their official videos down from youtube.

I found it a bit strange that a rap artist I saw on the weekend, MURS, actually had his album available for as a free download. That’s awesome. He gave his album out for free before he signed with a major record label, to encourage and spread his music. The effect is so that he could draw more people to his concerts and it allows his fans to connect with him in a deeper way as they have access to more of his music. It will be interesting to see how the music industry and the artists also respond to Apple iTunes giving up the DRM (digital rights management). These are topics for another post.

I’m out like Jay-Z v Radiohead,

Matthew Ho

p.s. Check out this track by Jay-Z & Santos Gold “Brooklyn We Go Hard” from the Notorious B.I.G soundtrack. I’m feelin it :)

Will Ferrell / Jackie Moon Bud Light Commercial – For Superbowl

January 03, 2009 By: Matthew Ho Category: Uncategorized, advertising, video, youtube

[youtube=http://au.youtube.com/watch?v=I-XbmIntWn8]

One of the funniest ads I’ve seen in a while. In fact, anything with Will Ferrell in it is incredibly funny!!

The Future of Digital 2009 – AIMIA

December 10, 2008 By: Matthew Ho Category: Interactive, Microsoft, Microsoft Surface, Uncategorized, business, mobile, video, wiki, youtube

Today, I went to the AIMIA conference on “The Future of Digital 2009″. It was pretty interesting.  My company, Next Digital was the main sponsor and my general manager Stephen Lord was one of the key speakers.

There were a lot of companies represented like Microsoft, BBC, Communicator, News Ltd, ABC etc…. I figured if I was going to make it in this industry, I had to attend events like this, meet people and hear what people had to say.

John Butterworth, the CEO of AIMIA (Australian Interactive Media Industry Association for you noobs) gave a quick overview of the digital future. In 2008,  digital spend was $17.9 BILLION (yes BILLION!) and  25% of business revenue was generated through digital. After that, he said “Look around you at the 100 faces here in this room – this is the future of digital”.  It was exciting and also a bit scary at the same time! And hey, I was a part of the 100!!


The Agency – Stephen Lord, Next Digital

The next speaker was Stephen, who spoke about the agency perspective. He gave a brief overview of the major digital events that happened in 2008 such as:

  • the iphone and the apps store (converging mobile and web)
  • online viewing overtaking tv spend for the first time
  • twitter coming of age and how the events of Mumbai were microblogged. At work we use yammer and its great! Its like a corporate twitter
  • political parties using digital channels  – Obama’s heavy use of digital (YES WE CAN!!!!!)
  • cloud computing  – one of my favourite topics

twitter

If 2008 was the year that digital spend increased, then 2009 will be about measurement and ROI. It’s true.  People are spending an increasing amount of time online and in front of the computer.  In fact people even do two of the activities simultaneously -  engaging in multiple media channels. Look at me now – I’m blogging as I watch House in the background! Digital spend will only increase as marketers direct more of their budget into digital as it is more accountable that TV, radio, print, etc… (did someone mention a recession?). But most importantly, this is where the audience is, hence marketing dollars will follow.

Digital will reach a tipping point – a point where more dollars spent won’t equal more results. Hence the search for accountabiliy and better measures. What are we measuring now as digital marketers, bloggers and media planners? Page views, bounce rates, CTR’s (click through rates)? Puh-lease!!!!!! That is so old school. None of these really tell you anything. So what if your page achieved 1,000 unique views, CTR of 18%. It doesn’t mean jack. We have to find new measures to determine engagement, influence, involvement, and stickiness. The metrics we use have not kept up pace with a constantly evolving digital world.

The thing about digital is that every user leaves a digital footprint. It is a captive and active audience and we need to understand how to better measure that. In the past, we were hunters / seekers of information (early to mid 90′s). Then we become do-ers, and now we are in a stage of feedback 3.0, where people are having true conversation in the digital sphere.

The Evangelist – Michael Jordahi, Microsoft

The next speaker was Delic8 Genius, aka Michael Jordahi, a developer Evangelist for Microsoft. So what exactly is an evangelist? I had a discussion with Peter about this on the way down since he knows a few. In fact, I met another Microsoft one from the UK, a pretty cool guy. An evangelist is someone that encourages people to adopt new technology, that engages with people about it, explains how it works, gets people to sign up for licenses and so on.

He actually was a really good speaker, like he had drank 3 redbulls before he got up. Pretty funny guy, and very passionate about Microsoft Surface, bordering on a sales pitch. I didn’t mind, because of the energy he brought and I really like the concept of Microsoft surface. FYI When you go to a lot of marketing presentations/industry events they tend to end up like sales pitches.

microsoftmilan

He gave us an overview of how we had from old school user interface (UI) to GUI to NUI (natural user interface). He compared them to reading a book vs watching a movie vs playing an interactive computer game.

He had a lot of interesting stuff to say, such as how we are no longer restricted to computers, keyboards, and mouses. Examples like Microsoft surface, Toncidot – this little cube you can move around to replicate real world movement, this sphere type device, holograms, etc… He even brought out October’s Esquire magazine cover which had a digital cover.  His view of the future was technolgy and social interaction (real not like facebook or myspace) becoming one.  His opinion was the natural surface and augmented reality was the future (I actually have no idea what he meant by augmented reality) but half the crowd was nodding.

The client – Paula Bray, Powerhouse Museum

I can’t believe she got up and held a deck full of powerpoint slides in one hand and navigated the actual preso with the other slides. I just thought it was going be dead boring and she did didnt do anything to prove me wrong. She was representing the Powerhouse Museum and started going through their website, some of their interactive display thingys. I rolled my eyes (and I suspect half the audience did too). HOWEVER, the next part of the presentation started to get real interesting.

She spoke about how the Musuem developed glassplate negatives of historic shots of Tyrrell. I don’t think anyone actually understood what Tyrrell was about but that wasn’t the point. They had all these old historic shots and so did the National Library. So they put them on FLICKR, the photo sharing website.  They were generating some pretty impressive stats re number of views. Then they decided to put their collection on the creative commons license, which allows anyone to use the image and it kinda of exploded. They let go their collection and people were helping them out by providing meta tagging, geo tagging (locating them on google maps), people started to mashup the pics with Google street view and so on. The craziest thing was that they started to upload pics of how Sydney looked in the past and how it looked now. Then it snowballed because people started contributing their current pics, and even going to the trouble of finding the exact same shot.

tyrrell

In fact, the best thing was when they were searching for Mosman Water falls and wanted to find out exactly where this thing was. They posted a query on FLICKR, and someone answered the query in 30 mins and directed them to a real estate website.  Paula, went out to the property, discovered the waterfalls in someone’s backyard and took pics to compare and share. It was pretty amazing, the find and the altrustic of this John Doe contributor on FLICKR. So they got in contact with him and tried to find out more about him, got him to come to the musuem (he hadn’t been in a decade), so now he takes his family regularly there and writes about the musuem on his blog.

To think that a government institution, a public musuem was prepared to do that was pretty amazing. The philosophy was to create a musuem without walls. They let their collection go out on a commons license (IP lawyers hide yourself!).

The futurist – Jen Wilson, Lean Forward

Let’s just say she was interesting. Every speaker had an agenda, and her’s was mobile. If I could describe her in a few words it would be “mobile evangelist”. Accordingly, the future for her was “mobile”. Not phone, but mobile, a point she distinguished.  About a year ago, I wouldn’t have thought so either. She gave a view of the world as everything going mobile – your camera, your car, your kitchen sink, etc…

iphone_inhand1

In fact, she was probably the most interesting speaker because she really was talking about the future and was saying things I hadn’t really heard before. Of how mobile was breaking down the digital divide. For example, fishermen in Kerala using mobiles to arbitrage in the local fish market by calling into the port and finding out which fish markets were low and then supplying those markets.

I think she could have spoken all day and night about mobile.  Then she had a little rant about the “evil empires” ala how Google and Microsoft want to control everything…..Oh and did I mention that during the entire conference she was texting on her iphone? I only discovered later when I googled the conference and her twitter account came up, she was updating her twitter account every few mins!!!

That’s been one long recap of the AIMIA conference.

I’m out like the future of digital,

Matt Ho.

Wario takes over youtube

October 15, 2008 By: Matthew Ho Category: Interactive, Uncategorized, video, youtube

The coolest youtube video I have seen to date that really makes watching a video really engaging and totally out of the box. Check it out here ……….. it’s like nothing you’ve seen before!

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