Echo-No-Mix of Life

Yup, the man who said he doesn't buy technology companies because he does not understand them has finallly given up and purchased a share of IBM . You can also read about it here  and here . The official claim for the change of mind is the change IBM has made from a large hardware company to a large services company.   Even though we remember that Buffet has already stated that Berkshire can no longer get bargains,  considering IBM's recent stock price, Mr. Buffet is buying at a peak. Technology stocks in general appear to be forming a nice little bubble of their own, I fear (not all, but too many, especially those living in the smart gadgets niche) and as P/Es are very misleading in the technology field, one can only assume Mr. Buffet and his assistants have been doing a deep and thorough research on IBM's business, and have probably also taken into account the company's proven ability to reinvent itself again and again over decades, while keeping the status...

U.S banks are slowly and steadily raising customer fees, in an attempt to keep their profitability . This isn't just a wicked greedy action, but a true response to a changing banking market in the U.S. Still, the practice of stealthily raising fees is a direct follow-up of the recent debit cards fee successful customer protests , and the choice of an ongoing frankness-less  is something consumers should not put up with. Customers should complain, and if complaints are ignored - do something more. Don't just complain, because if there is one thing you can learn from successful protests, is that banks, like other large corporations, are used to complaints. It is the actions that they respond to.