Thursday, September 2, 2010

[Video] OMG - I Want my (CRM)

Aside from the David Hasselhoff roast this might be the funniest 2 minutes of video I've seen in the past 6 months.  It is especially ironic because (a) in my personal life I've tried to short (CRM) over the past decade [not in the past few years] due to valuation and always lost and (b) I currently am long the name and have it placed in the "valuation does not matter" wing of the portfolio.  Where of course it is doing great... despite nonsense valuation!  Speaking of which in summer 2008 I highlighted it in [Jul 2, 2008: Does Valuation Matter?]  Oh dear irony.

note 1: readers over age 40, please ask anyone under age 40 what OMG means.
note 2: readers under age 40, please ask anyone over age 40 what classic MTV video this video spoofs

Seriously, watch it!

Long in fund, no personal position

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