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Which Super Bowl Ad Won the Night?

So, on Friday I took a look at the potential of some Super Bowl advertisements, which leaves today to digest the commercials and say who we thought had the best commercial.

First things first, congratulations New Orleans -- what a win. Second of all, I need to make an editorial comment before I reveal my thoughts on the best commercial: what's up with all the guys in their underwear? I saw enough tighty whities in the span of two minutes during the first half to last the rest of my life. I know one thing, I am not going to go to CareerBuilder.com or wear Dockers thanks to the visage of pasty white men in their underwear standing at the water cooler or singing about pants.

Continue reading Which Super Bowl Ad Won the Night?

JockStocks: Should the NFL Receive Antitrust Exemption?

I was checking out one of my favorite blogs yesterday (UniWatchBlog.com - operated by the obsessive Paul Lukas) and I found myself with a subject for this week's JockStocks. Is the NFL a monopoly? Should the league be exempt from the Sherman Antitrust Act?

This all stems from a suit by a company known as American Needle, which sued the NFL in 2000 when the league selected Reebok to be the exclusive provider of licensed NFL apparel. American Needle sued the NFL, stating that the Reebok deal violated antitrust statutes becasue the league and Reebok "conspired to stifle competition and inflate prices."

Continue reading JockStocks: Should the NFL Receive Antitrust Exemption?

Can Playing Poker Make You a Better Investor?

Kiplinger's published a rather interesting article last week, looking at the possibility that playing poker can make you a better investor.

The article looks at the psychological issues that are present in both investing and gambling decisions. Kiplinger's interviewed Andrew Lo, the director of the Massachusetts Institute of Technology Laboratory for Financial Engineering (wow), who is considered "one of the leaders in the field of behavioral finance." Lo goes farther than saying that the psychological issues driving investing and gambling decisions are similar; he contends that these issues are "identical."

Continue reading Can Playing Poker Make You a Better Investor?

Winter Olympics Will Lose Money for NBC

Rough few days for NBC, right? First, you have the whole Jay Leno prime-time disaster (which many experts and nonexperts saw coming); now you have yesterday's revelation from Dick Ebersol (chairman of NBC's sports division) that the Winter Olympics from Vancouver will actually lose money for NBC.

Ebersol noted that the cost of the broadcast rights for the games will exceed the company's advertising sales. Advertising sales slumped in the middle of 2009 and, although sales have picked up in the past four months, NBC is going to lose money thanks to the economic slowdown.

Continue reading Winter Olympics Will Lose Money for NBC

JockStocks: The Real Loser in the BCS National Championship Game May Be the Networks

While official ratings numbers from Thursday's national championship game between the Texas Longhorn and Alabama Crimson Tide football teams have yet to be released, I have a bad feeling that they will not be as good as ESPN hopes. Raise your hand if you tuned out after the Crimson Tide rolled to a 24-6 first-half lead and Texas was struggling with a freshman back-up quarterback at the helm. I would have my hand up right now, but it is awfully tough to type with one hand.

While the game promised to be good at the start, and actually had a relatively decent ending (from what I hear, unless you think this was the highlight of the night), I have a feeling that we will find out that the ratings for this game were lower than past couple of years. I know that I checked in on the game first thing this morning, only to find out that the finish was a bit closer than I expected, but I went to bed last night not worried that I was missing the last half of the BCS (or is it BS?) championship game.

Continue reading JockStocks: The Real Loser in the BCS National Championship Game May Be the Networks

Ben Bernanke: Weak Regulation Caused Economic Crisis

Big Ben Bernanke is letting his opinions be known early in 2010, and he is pointing the finger of blame for the economic crisis right at weak regulation. Bernanke is waiting for confirmation of his second term as Fed chair and he is looking for greater regulatory authority from Congress.

Bernanke told the American Economic Association that "Stronger regulation and supervision aimed at problems with underwriting practices and lenders' risk management would have been a more effective and surgical approach to constraining the housing bubble than a general increase in interest rates." This statement was part of Bernanke's response to accusations that the Fed was a major contributor to the financial crisis. The Fed head believes that the interest rates set by the Federal Reserve from 2002 to 2006 were appropriate.

Continue reading Ben Bernanke: Weak Regulation Caused Economic Crisis

Entrepreneur's Journal: Getting Your Customers to Pay Up ... and On Time

According to the latest American Express (AXP) OPEN Small Business Monitor report, there are signs of improvement. Yet, the fact remains that cash flow continues to be a problem for many business owners. In fact, they have had to take some tough measures, such as cut costs, renegotiate contracts, sell personal assets and even get a second job.

But there is another way to help deal with cash flow problems -- that is, get better at invoicing and collections. While this can be uncomfortable, it is a necessity for any successful business.

Continue reading Entrepreneur's Journal: Getting Your Customers to Pay Up ... and On Time

Investors: Avoid Fretting over 10-Year Projections

There's a baseball play-by-play announcer with a pretty good team, whose made a small fortune uttering phrases like, "I tell you what you can do with that prediction: You can take that prediction and throw it in the East River. That's how much that prediction is worth."

In general, the same can be said about economic/budget projections. A little advice regarding economic and budget projections: don't work yourself up in to a lather over them.

Continue reading Investors: Avoid Fretting over 10-Year Projections

You can profit from James Altucher's insanity

James Altucher is a financial journalist for The Wall Street Journal and founder of Stockpickr.com. His articles cover every angle of the market; he also stars in feature videos with other financial luminaries. He is the author of Trade Like a Hedge Fund, Trade Like Warren Buffett, SuperCa$h, and The Forever Portfolio.

He has taken a controversial path lately with numerous articles in the New York Post and Huffington Post. Some articles include: "Global Warming Is a Myth," "Should Insider Trading Be Made Legal?" "School of Hard Cash," "The Internet Is Dead (as an Investment)," and "5 Myths the Recession Taught Us."

Rumors of a new addition to the James Altucher library have entered the blogosphere, so I met with James to discuss a possible new book and the response from his recent aggressive views on finance and the stock market.

Continue reading You can profit from James Altucher's insanity

Tiger Woods to take 'indefinite break from professional golf'

Time to piggyback on my thoughts about Tiger Woods potentially quitting golf. A statement on Tiger's personal website announced that the world's greatest golfer is going to take "an indefinite break from professional golf." Tiger begins the statement by expressing awareness of the "disappointment and hurt that my infidelity has cause to so many people, most of all my wife and children."

This is the first time that Tiger has really spoken since the car crash, which I feel was a bit of a public relations mistake. His silence allowed the public and tabloids to assume Tiger's guilt before he spoke. Of course, it doesn't matter now, as Tiger admitted to "infidelity," confirming what many have theorized. Tiger added that "It may not be possible to repair the damage I've done, but I want to do my best to try."

Continue reading Tiger Woods to take 'indefinite break from professional golf'

JockStocks: Will Tiger quit golf?

I really thought that last week was the last time I was going to address Tiger Woods ... I guess I was wrong. Reports are surfacing (in UK's The Sun) that Elin has told Tiger that he needs to quit golf. Well, well, well, if (and that is a big if) this is true, we may find out exactly how much of a family man Tiger is.

The coverage that this whole mess has received is more than Michael Jackson, and it doesn't look like it is going to stop any time soon. Of course, the fact that Tiger couldn't keep the driver in the bag is the reason that the whole situation has gone to H-E-double hockey sticks in a handbasket; so he has to live with the consequences. He wants privacy, but that just ain't going to happen Tiger, especially not during the Internet age.

Continue reading JockStocks: Will Tiger quit golf?

JockStocks: Tiger will be okay ... trust me

The Tiger Woods drama has ballooned since I last looked at the situation. Of course, I focused a tad more on the situation for Tiger's sponsors. I want to continue that look, but I want to look at why Tiger's sponsors will stand by him, why we are so fascinated by the situation, and the difference between Tiger and Michael Phelps (a.k.a. Aquaman).

First things first, this will not impact Tiger's relationship with any of his sponsors. No matter what you think happened or why the situation happened, Tiger was cited for a traffic violation and will pay the fine with money out of his change jar. Was his act immoral? Yes. Was the act inexcusable? Yes. Is the act something he will be reminded of publicly (and privately) on a near daily basis? Yes. Should his sponsors jump ship and run? No.

Continue reading JockStocks: Tiger will be okay ... trust me

Can the Tiger Woods situation impact Nike?

Okay, so everyone is weighing on the Tiger Woods incident over the holiday weekend. As a "business of sports blogger," it's my turn to toss in my two cents. First things first, whatever you think happened early on Friday morning, Tiger has asked for privacy and respect, so I will not participate in the rumor-mongering taking place across the Internet.

What is interesting is that people are forgetting to look at what this could do for his biggest sponsor, Nike (NKE). Now, I am not saying that any stock trouble that Nike may experience is the fault of the little incident between (or involving) Tiger and Mrs. Tiger, but the company will be performing a bit of damage control, just as Tiger and crew have.

Continue reading Can the Tiger Woods situation impact Nike?

JockStocks: Tailgating policies won't affect 'real' fans

You know, it figures that this would be the year that I give up my Bengals season tickets. I suffered through three years of horrid football and decided that I was not going to renew my tickets for financial reasons or as a protest against the team's (mis)management in the past 19 years.

That said, one reason that did not attribute to my giving up the tickets was the NFL's new tailgating rules. In an article Darren Rovell put on Twitter this morning (featured in USAToday), a New York Jets fan says that the tailgating rules (that limit tailgating to 3.5 hours before kickoff) may be the "final nail" that forces him to give up his season tickets. The new tailgating rules are supposed to help "crack down on drunken and disruptive fans" by limiting the time fans can tailgate.

Continue reading JockStocks: Tailgating policies won't affect 'real' fans

Road Warrior: Spreading the cement of brotherly love

Although I have a couple of different topics concerning the life of someone who travels frequently for work that I wanted to write about this week, my mind and heart are filled with thoughts and concerns for a good friend and his new baby girl. I've been waiting for weeks to get a status on his new baby girl, and this morning I heard that since her birth Monday night, she's been in the intensive care unit. As soon as I read the update, my heart began to ache, and my eyes started to tear. Now, I'm not the most sensitive person in the world, but the thought of my friend's baby girl struggling for her life just rips me apart.

Throughout our travels, we get the opportunity to meet more people than imaginable. Some people we would love to call a friend and see every day, and some we hope to never see again! Years ago (not that many years), it was easy to travel, work with customers or vendors, and bid farewell, never to see them again. However, in the days of LinkedIn and Facebook, the ability to maintain contact with a one-time introduction becomes as easy as catching up on the day's news.

Continue reading Road Warrior: Spreading the cement of brotherly love

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Last updated: February 09, 2010: 10:07 PM

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