Canadian Personal Finance Blog

So I mentioned yesterday that CERN in Switzerland had a Big Bang (of the wrong kind) in their particle accelerator, which caused damage, due to miscalculations by Fermi Labs. The Fermi folks are the ones paying the price, since their Big Bang experiments are now off line, due to a 20-tonnes magnet being disrupted by this explosion. Just goes to show that in Science as in Finances, always double check your calculations or you’ll end up like me with a HUGE interest charge on your credit card bill, or worse still have a dozen 20-ton magnets disrupted, like the folks at CERN! Apologies for reposting this one but I liked it so much and it was SO topical for me, I just felt so inclined.

On another interesting note, another one of my “flyer” investments Nortel Networks (stop laughing, they might come back), disclosed that it’s largest investor is Wellington Management a large Boston, Mass based investment firm. These guys own over a 10% stake in Nortel,wonder why? My guess is these guys view Nortel’s “pieces” as being valuable, even if the company as it stands now may not be as attractive to some folks. Interesting to watch this.

Now remember this is not an investment blog, so don’t be taking my advice or statements as gospel, go out and figure things out for yourselves, this is only supplied as an “I do this” exhibition. I view this as more along the lines of something out of Wingfield Farms. I liked that whenever old Walt had a GREAT idea that he thought would revolutionize farming, the local folks response was usually, “You COULD do it that way“, which really meant, you really shouldn’t do it that way! Now I expect an onslaught of comments about my investing, using that catch phrase, oh well, have at it!