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Rex Hammock


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A wintry mix of metaphors

I’ll admit it. I don’t really understand why people writing about the economy and investing resort to temperature and weather-related metaphors to describe credit freezes and stock market meltdowns. But they do, so I feel compelled to join in. I grew up in south Alabama where even on the coldest days, the temperature rarely stayed below freezing during [...]

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Rex’s random links for 10.10.08*

SearchCube: Search results are presented in a 3-D cube that can be spun and tilted. It’s more fun than functional, but it also demonstrates that information does not have to always be presented in the conventional ways we’ve come to expect after centuries of getting accustomed to flat surfaces. (via: altsearchengines.com) Southern Festival of Books Sessions: [...]

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Apple steps in to bail-out American shopping malls

Just when dire predictions of shopping malls being empty of all humanity for the next few months, Apple is rumored to be introducing an $800 laptop. Coupled with the news that 8% of U.S. teens already own an iPhone and that 22% of teens want one, at least there will be some foot traffic in [...]

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At least Sequoia’s portfolio startups won’t be listed on F’d Company

I just read Om Malik’s report that the VC firm Sequoia Capital organized a meeting for its portfolio companies in which they were greeted with an image of a Grave Stone with the message: RIP: Good Times. Then, four speakers informed the startup execs that “things can get lots worse than people think” and they [...]

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Believe

Go read Rex Hammock right now. That is all.

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What the candidates should have said

I think both candidates failed miserably at the debate. They tried to ignore the elephant in the room — the crashing economy — and deflect the questions with standard bullet points gleaned from months of focus groups. When 60% of Americans believe we’re about to enter a depression; when they’ve seen the value of their self-directed [...]

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Welcome to Nashville

From Paul Chenoweth’s Flickr Set: Belmont Debate ‘08. I know that most of the people who read this blog are not from Nashville. However, my style of blogging has always been to keep it personal. And one of the most personal things about me is my love of a place I call home, Nashville, Tennessee. Unlike [...]

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The sun’ll come up tomorrow

Earlier today, CNN/Opinion Research Corp. released results of a poll of 1,000 Americans in which 60% said they feel an economic depression is “very likely” or “somewhat likely.” That’s depression. As in, massive unemployment and years of a falling U.S. economy. It doesn’t surprise me that people are scared enough to believe there’s a depression lurking in [...]

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The Daily Think Secret

I’ll hand it to Tina Brown. Her new web venture, The Daily Beast, has passed the first test. It has sucked in a gazillion links from the Macosphere. What am I talking about? I won’t repeat the history of the Apple lawsuit against the kid who started Think Secret when he was 13 and then grew [...]

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A smile is just a frown turned upside down

I’m a conservative investor, not a trader, but I’ve watched the market enough to witness ups and downs over the decades. As a dispassionate observer, I’ve witnessed run-ups and sell-offs and considered the psychological underpinnings of them. On mornings like this morning (it’s 10:30 a.m. EDT and the DJIA is off 407 points), I want [...]

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Only the confident survive

Since the 1970s, I’ve been fascinated with (at times, scared of) an American sub-culture who are convinced that the nation’s economy — and existence — is about to collapse. I first noticed this group in the 1970s, when Howard Ruff gained momentary fame by preaching a coming hyperinflationary economic depression (along with predictions of an [...]

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The NYTimes.com’s “website of record” features

With this innovative video/transcript archival feature chronicling last night’s Veep debate (and last week’s first debate), the New York Times is displaying what a news website of record should be: The definitive spot where news-related media is collected, curated, analyzed and then organized in various ways that allow individuals to search and easily find everything [...]

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The economy is losing jobs, but Apple still has Jobs

Poor Steve Jobs is like the U.S. economy, rumors of his demise keep being greatly exaggerated. A month ago, Bloomberg (the news service, not the mayor) mistakenly published his obituary and this morning, a “citizen journalist” on CNN’s iReport.com, posted a false report that Steve Jobs had a heart attack. Jobs has been puny-looking and mysterious [...]

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The Scariest Place of All

Fear is a helpful reaction to frightening things, like the unknown. It helps us figure out when to fight and when to flee. Choosing between those two meant life or death for our ancestors. We are, evolutionarily speaking, descendants of those who developed the best judgement in choosing between those two options. Rarely is “doing nothing” [...]

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Dear Southwest, how can I help you encourage BNA to participate in your Fly By Lanes program?

Last week at both Nashville and Chicago-Midway airports, I noticed their newly designated security lines for “families,” “occasional passengers” and “expert passengers.” Experts are those who know all the rules and don’t have to be told to remove their laptops from their carrying-ons or and know all the rules about gels and liquids. (They also [...]