RealMoney's Blog Watch

The Internet Stock Blog has a couple of interesting posts this week:

Valuations for 10 Internet Stocks Compared gives a quick visual view of where the "blue chip" Internet stocks are in terms of valuation. What's most interesting to me is thinking how different that same picture would have looked in 1999.

What was all the fuss about Google Finance? Well, you can read all the fuss here..

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More on Google Finance. But this time from a surprising source: Yahoo! employee Jeremy Zawodny. From his post:

[Google Finance] makes me sad because I end up thinking about how Yahoo! Finance has stagnated for a long time. It never really recovered from the pain of the dotcom crash. So many of my old Finance coworkers have either left the company or moved on to other groups (several moved into Search last year). Heck, I encouraged many of them to get out!

There was a lack of leadership and, even more importantly, a serious LACK OF VISION. It really disappointed me.

It makes me sad because virtually all of the new/innovative/cool features in Google Finance are things we talked about YEARS ago. Many of them I'd lobbied for repeatedly. Some were even prototyped:

A ticker search that doesn't suck.

Charts with overlays for news events.

Blog integration.

Featuring discussions more prominently.

RSS support.

Who's gonna get "credit" for all that now?

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Daily Dose of Optimism asks the question, "Why aren't more major league investors blogging?"

From the post: "From the worst to the best of the bunch, the thinking is generally this: "if I told you how I looked at companies, you would copy me and ultimately eliminate my advantage."

So here's the question I've found myself asking: Is it really possible to give away investing trade secrets?"

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An actual hedge fund joke from the blog Hedge Fund, written by an anonymous hedge fund manager.

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I've written before about the blunt 8-K filings from the management team of Expeditors International (EXPD - commentary - Cramer's Take). Crossing Wall Street has a summary of the latest filing.

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I've been bullish on Scripps (SSP - commentary - Cramer's Take) for a while. It's an old-media company that has made some impressive new-media acquisitions that are already accretive, particularly Shopzilla, which is the fastest-growing comparison-shopping engine. Brian Smith at the blog ComparisonEngines.com (yes, there's a blog for everything) has a post titled Wall Street Wrong about Scripps(SSP).

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I've really enjoyed Andy Kessler's books Wall Street Meat and Running Money, which I reviewed when it came out in October 2004. Kessler was a Wall Street analyst who rode the bubble all the way up while running a hedge fund and then quit near the top.

Here is his list of his favorite business books. Unfortunately, he doesn't mention any of mine, but heck, to each his own.

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There's been a lot of discussion recently about the inverted yield curve. In one camp you have people who say it's predictive of recessions, and it has been in the past. On the other side, which includes Fed Chairman Bernanke, you have people who state that low long-term rates are stimulative for the economy.

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James Altucher is a managing partner at Formula Capital, an alternative asset management firm that runs several quantitative-based hedge funds as well as a fund of hedge funds. He is also the author of Trade Like a Hedge Fund and Trade Like Warren Buffett. At the time of publication, neither Altucher nor his fund had a position in any of the securities mentioned in this column, although positions may change at any time. Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. Altucher appreciates your feedback; click here to send him an email.

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