Saturday, April 17, 2010

Media Here or There

Hello radiant earth beings. Namaste from planet Venice Beach.

Here is what is happening here and there. We are going inside, we are doing the vignettes as promised. Change comes inside out, so we start here and it gets out there. This is also my process, I thank you for letting me articulate and DO it here for you.

The vid here is being cut off on the right, so noted. The response here and on facebook has been kind so we will continue posting it here and there but obv they have a better platform for viewing it.

With that a few things to pay attention to:

1) Social Media/ Marketing is booming: no brainer: have something going on in this space to promote your personal brand. Facebook will continue to be one of the most important tools/ phenomena for the coming decade. However, not widely known: Be different and avoid over-selling/ over-exposure there or here. We don't wanna hear from you 10 times a day: why FB trumps Twitter.

2) The elite banking system which I've railed against for the past few years is starting to finally unravel with the Goldman Sachs Cuomo case. Thanks to Matt Taibbi, Gretchen Morgenson, Louise Story, Mike Lewis and most importantly to all the bloggers out there who kept at it, such that the zeitgest moved and pop media had to cover it.

Truth telling works. I have no illusions that Fab Fabrice will be the fall guy, but the truth is now widely known. IBanking is broken and kind of evil. Back to private firms, partnerships where accountability trumped under bus throwing.

3) The US is coming back. We will undoubtedly default; outright or via money printing, most likely the latter, but asset prices will rise, companies are crushing it like AAPL, and the Google move out of China, best move of all time, that stock goes much higher. Facebook, Twitter IPOs will push Tech higher. Our strategic default has already led to asset price inflation across the board. Where's the inflation? Right there, genius. Asset holders and wealth creators will prosper, middle class, poor will suffer per usual. But a growing economy will lift most boats.

4) Obama will have a major geopolitical crisis to deal with, and like the financial crisis, he may look like an idiot at first, and then be vindicated, he has proven way craftier that I gave him credit for (Cuomo is his guy). He will go down as an all time great and I will eat a lot of my recent words about him, but my vote for him will also be vindicated.

The invisible hand in the market is his. When he said buy stocks last March, he meant it, markets go higher until he says otherwise. Fat Tony (see Taleb) knows this.

5) The higher consciousness business is booming, be it yoga, holistic health, conscious media, clean energy or higher social utility media, you need to be in the space as a provider, shareholder or customer or all three.

6) Alternative banking is booming. Step in, be the bank, plenty of great projects to fund, traditional bankers sitting on their fat hands.

7) Hollywood is booming. Make a movie, bypass the studio (studios are like IBanks).

8) That's it. Enjoy the vid.