Observations focused on the problems of an underdeveloped country, Venezuela, with some serendipity about the world (orchids, techs, science, investments, politics) at large. A famous Venezuelan, Juan Pablo Perez Alfonzo, referred to oil as the devil's excrement. For countries, easy wealth appears indeed to be the sure path to failure. Venezuela might be a clear example of that.
Palm Inc. reported its first quarter results and it shows why one should not just read the financial headlines. Here are three views on the results:
Palm first quarter loss widens on slowing demand
Palm’s loss narrower than expected
Sort of mixed from the headlines, but looks bad on the details.
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The Devil's Excrement 