Invest Intelligence When It Realy Matters
Yang + Yahoo! = Yikes!
This is the first time I’ve written anything about the Yahoo-Microsoft deal because I typically don’t allow myself to get distracted by noise. In fact, I’ve been receiving numerous email requests for more articles. My response is that I do not feel the need to pump pieces out on a daily basis because I have no time for soap operas. The fact is that there really isn’t anything new in the economy as far as I am concerned. I’ve said all that needs to be said. Just read my archives.
As trivial as I view the whole Yahoo-Microsoft soap opera, it’s annoying to have seen so many obsess over it. So I wanted to point out a few things.
From day one when Microsoft made a bid for Yahoo, investors should have sold Yahoo. This is a basic rule followed by all sophisticated investors. You never wait around to see what happens. Why would you? Take the money and run. Here’s why.