Random thoughts

Picture of me in the FON mobile.
Fon mobileMy investment portfolio is up 27% mainly because I’ve started purchasing options instead of stocks. 1 out of 8 of my trades loses 50% or more in value so it isn’t for the faint of heart. The others tend to gain on average 80% in value. One of my options calls on Lehman Brothers went up 400%. I have a lot of money sitting in cash because I haven’t had the time to watch my portfolio and with options it requires a lot more attention. I’m considering LEAPS on Citigroup.

  • I can’t walk from the Mud Truck to the subway without spilling coffee on myself.
  • I have more ideas then free time. So, I’m contemplating hiring a team of programmers who I will call Team Ejovi. Their only purpose will be to write programs and applications that I consider useful. Anyone wants to join?
  • FON USA is hiring.
  • I’m starting to wonder if software patents are such a good idea? Recently I had an idea that I thought could potentially be patentable and a quick patent search showed that it indeed was. The owners patent was so broad and generic that even if I had a BETTER way of applying it, why would I? If the idea became successful I would just be sued. In my opinion these broad generic software patents discourage innovation.
  • 8 Responses to “Random thoughts”

    1. Dallas Says:

      Hi Ejovi,
      I would work for you anytime!

      Congrats on the options!

    2. kenji mori Says:

      hi ejovi,
      this car is so cute:)

    3. Dallas Says:

      is that one of those “Smart” cars?

    4. Jose Luis Mesa Says:

      Hi Ejovi,

      I agree with you about software patents. The same happens to gene patents.

      Both of them discourage innovation.

      Fortunately, you cannot patent software in Spain. However, gene patents are allowed all around the world.

      These patents could impede the development of diagnostics and therapeutics by third parties because of the costs associated with using patented research data. These costs will likely be passed on to the consumer.

      Regards

    5. Jose Luis Mesa Says:

      Hi again,

      I’m glad you like to trade options. I like the long straddle for explosive movements (bullish or bearish) and the short straddle in neutral options.

      Intelligent way to make money.

    6. Dallas Says:

      Hi,
      Although my best money making venture sofar has been property, In South Africa its quiet lucrative at the moment, been doing it for years now. Atleast Donald Trump agrees :)

    7. ejovi nuwere Says:

      Yep, that’s a smart car. Or more like a silly car. FON has two. The COO drives one.

      Straddles are a little to conservative for me. I used to use them, but now I tend to invest options into blue chips that won’t fluctuate up or down too much. I have the options expire about a month after their future earnings report. If the earnings are good, I can double my money, at least.

      Real estate is good. I keep telling myself I should buy real estate, and then I keep telling myself I don’t have the money. All the while spending money on crap…I guess I just need a little more discipline

    8. Dallas Says:

      still need to hire some programmers?

      After coming across your book, website and a few other things I am now trying my hand at openbsd development :)

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