Evernote January 27, 2011March 21, 2017 BZ I sold 10% of my remaining BZ warrants yesterday at $1.42, on the sophisticated financial theory that if I did, they would keep going up but that if I didn’t – oink, oink – they’d go down. This is a theory known to a lot of us with tales of stock market woe. Its very irrationality affords opportunity to more dispassionate investors – at least in theory – but that’s a different story. The point is, it worked: by the end of the day, the BZ warrants I continued to hold had closed up a further 22 cents at $1.64. Yet even there, with the stock still selling at a modest 8 times recession earnings, there’s always the hope it could move back up to 10 (which would push the warrants to about $2.50) or even the faint hope it could be higher. Here is a more sophisticated analysis of the underlying stock, which the writer concludes remains somewhat (though only somewhat) undervalued here. Here is another, also largely positive. I’m absolutely not suggesting you buy here; just that, if you’ve been taking profits all along – and, as some of you paid as little as 2 cents per warrant, the gains have been peachy – you might want to keep doing so yet still keep some skin in the game. EVERNOTE Greg San: ‘For years I’ve struggled with how and where to keep all of my ‘info-stuff.’ Evernote is the best answer to that problem that I’ve found so far. Evernote has apps for many devices, and keeps them all in synch. You’re a fan of the Fujitsu ScanSnap? ScanSnap is integrated with Evernote (view this 43 second demo video). I don’t use ScanSnap, but I expect that I will in the future, now that there is a place (Evernote) to put all of those scans. I have no connection to Evernote.’ ☞ Indeed: as suggested on page 38 of the new edition. DIVERSITY Is everybody aware that the Congressional intern widely credited with saving Gabby Giffords life, Daniel Hernandez, who was invited to sit with the First Lady Tuesday night is Hispanic? (Or that there are apparently 458,305 Hernandezes in the U.S.?) And that he’s openly gay? Or that Gabby herself is Jewish? (‘My grandfather, Akiba Hornstein, was the son of a Lithuanian rabbi. My grandfather changed his name to Giffords for reasons of anti-Semitism and moved to southern Arizona from New York more than a half century ago. In the 1940s, he founded my family’s tire and automotive business, El Campo Tire, which grew into a successful and thriving business for 50 years, which I ran for several years before serving in the Arizona Legislature.’ Read this wonderful letter to a constituent for the rest.) If you’re thinking one giant so what? to all of this, I’m right there with you. I just think it’s neat to note, as one of you did for us here recently, the great diversity we largely take for granted that is unlike any other in the world.