I once ran into someone from MSD Capital (Michael Dell's holding company) who told me whenever Dell sells stock in Dell (DELL), they get another $300 million to invest. Here is MSD Capital's holdings. The guy loves his pancakes.

Equity Investment Ideas gives a five-minute tutorial on how to value a company.

Cheap Stocks thinks pineapples alone value Maui Land and Pineapple ( MLP - Get Report) at higher than its current stock price.

My favorite value-oriented mutual funds.

The current top 12 merger arbitrage situations.

Great post: Stockberlog models Apple's ( AAPL) stock price historically whenever there's been a Macworld Expo.

Jealous post of the day: Why didn't I buy vodka.com?

Compete looks at the search logs to compare XMSR vs SIRI.

Forget the iPhone: check out Google Phone.

Guzzo the Contrarian finds a merger arb play in South Street Financial ( SSFC).

Rough Type notices that for $10 you can have your own IT department.

In the category of Secret Origins: how mild-mannered Om Malike became mega-blog company GigaOm. And how Rafat Ali became Paid Content. This is like an episode of "Heroes," my current favorite TV show.

Would you pay more than $2 million for this thousand dollar bill?

At the time of publication, Altucher and/or his fund had no positions in stocks mentioned, although positions may change at any time.

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. 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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