Charlie Munger: Google Has Incredible Moat

"Google has a huge new moat.  In fact I've probably never seen such a wide moat.  I don't know how to take it away from them.  Their moat is filled with sharks."

Charlie Munger (via Marketwatch)

James Altucher: Dow Jones Headed To 20,000

I believe that, since I called Dow to 36,000 before just about anyone (including Altucher) right in the middle of the financial crisis.

Jamie Dimon: The Economy Is Getting Stronger

(Reuters) - JPMorgan Chase Chief Executive Jamie Dimon is upbeat on the prospects for the world's largest economy, telling investors on Thursday that pessimism is overdone and the economy is actually "getting stronger."

"The underlying dynamics are pretty good, pretty broad-based and getting stronger, not weaker," Dimon said.

U.S. companies have the most cash in decades and are making "good profits," said Dimon, who heads the second-biggest U.S. bank by assets.

"The consumer is far stronger than two or three years ago," added Dimon, who was speaking at a Sanford C.Bernstein investor conference.

Warren Buffett: America Is Going To Be Ok

In the 20th century, the United States endured two world wars and other traumatic and expensive military conflicts; the Depression; a dozen or so recessions and financial panics; oil shocks; a flu epidemic; and the resignation of a disgraced president. Yet the Dow rose from 66 to 11,497.
 
Warren Buffett

They Just Don't Get Tesla Motors

Of course Eric Bolling didn't get it because he was an oil trader all his life.  Ironically, he must have been aware that the oil industry gets $2 trillion a year of government subsidies.  Tesla got merely a $400 million business loan.

Why was Willard fuming with anger on the government giving Tesla a loan going towards innovation? Let's not forget, the internet was built on government loans/handouts. Willard indicated that $400 million could be better used to cure childhood cancer.  How noble, but tens of billions of dollars (from govt funding and huge public/estate donations) already go towards cancer research every year ....with still not anywhere near a cure for cancer.

TSLA is going higher.  The company is expected to be profitable in 2013.

Elon Musk: Past, Present & Future, And All Cars Will Be Fully Electric By 2030

Who Killed The Electric Car?

Part 1 of 10:

part 2

Invest In America

Carl Icahn: The Government Needs To Regulate Finance Because There's Still Too Much Risk Taking

10-Baggers; Buy The 5 Horsemen Of Social Media: $LNKD, $Twitter, $Groupon, $Facebook, $Zynga

In a recent post on the recommendation to buy the social media giants as they come public, I forgot to mention the 5th horseman -- Zynga.

The social media horsemen are great investments and when they reach a bubblicious fever pitch within 5-7 years, most of them will be 10 baggers above their IPO price.  Really, you say?  Really.  The Fed has already inflated another bubble that will be the biggest the world has ever known.  With trillions of dollars dropped from helicopters, the money will find their way into the markets, and ultimately into the next generation of tech stocks -- social media, mobile tech and greentech.  Unlike mobile tech and green tech, it is fairly easy to pick the winners in social media.  They are obviously LinkedIn, Twitter, Zynga, Groupon and Facebook.

Bing Gordon thinks social media is only 10% done.  (View video here.)  10% done means 90% to go, which means the 5 Horsemen of Social Media are all 10-baggers in the making.