June 23, 2012

Saturday Open Thread: Rename that Island

Happy weekend! Going on a vacation? Of course not! The Real Bay Area is so awesome, you’ll staycate all summer. And what could be better than going to work, anyway?

Unless your name is Larry Ellison, and you can afford to buy most of a Hawaiian island for yourself.

Your mission is to rename the island to something more appropriate. Like Larai.

Update: Oh yeah, this is also an open thread. Duh.

 

Comments (35) -- Posted by: madhaus @ 5:07 am

35 Responses to “Saturday Open Thread: Rename that Island”

  1. mabledu Says:

    how about calling it the NEW OC.

    over compensation.

  2. smparkster Says:

    Oracle West.

    But I like Larai.

    Hmm… one could do something like Ellis Island II or play with that as well…

  3. nomadic Says:

    You’re on to something, #2. How about Ellis Onland?

  4. sprezzatura Says:

    Oracle Advanced Finance Management Suite West

  5. madhaus Says:

    The Hawaiian language has fewer consonants than English, and there is no “r” sound. So while Larai is closer to Larry than Lanai, it’s not authentically Hawaiian. Localizing that name turns it into Lalai.

    Then again, Mr. Ellison should be able to afford to buy the whole island chain a few consonants.

  6. Real Estater Says:

    For anyone who missed RE’s recommendation to buy rental property last year, and then missed the recommendation to buy FB at a discount, here’s one more: RE issues strong buy recommendation for Apple at current level. Target price is $700 by year end. Use margin power with confidence.

  7. Real Estater Says:

    Larry Page is in the news lately. There’s something about being legends dying young: Steve Jobs, Marilyn Monroe, Elvis, Bruce Lee, JFK, etc. It’s pretty strange…

  8. nomadic Says:

    Larry is more likely to turn into the next Howard Hughes (I’m referring to his bizarre mental state in his later years) than be ill like Steve Jobs. And Marilyn Monroe and Elvis were drug addicts who don’t really fit.

  9. Sunny(vale) Kim Says:

    RE issues strong buy recommendation for Apple at current level.
    —-

    Thanks for the recommendation. We already bought AAPL for $533 on May 18th.

  10. Sunny(vale) Kim Says:

    It’s quite funny. When AAPL went to $530 level, almost all the analysts, who are familiar with tech industry, recommended to buy AAPL. Today our local real expert is recommending it – one month later. Now, that’s called “real time” information. After all, “real” is the first name of our local expert.

  11. nomadic Says:

    You guys are a year late. My last buy was 5/17/11. $332/share.

  12. Real Estater Says:

    nomadic and Pralay,

    Your recommendation is useless. People cannot go back in time to make money. Recommendation is only useful when one says “NOW is the best time to buy”.

    Besides, how much money have you really made? Based on the most obvious criteria, I can see that nomaidic has made some money, and Pralay still has ways to go.

  13. Sunny(vale) Kim Says:

    Where did we recommend? I are just saying that we made lots of money when AAPL was cheaper.

  14. madhaus Says:

    Recommendation is only useful when one says “NOW is the best time to buy”.

    Useful. You keep using that word. I do not think it means what you think it means.

  15. Sunny(vale) Kim Says:

    Someone is visiting Burbed and touting for the accuracy about his calls. Don’t you guys think he needs his head checked?

  16. Real Estater Says:

    >>Where did we recommend? I are just saying that we made lots of money when AAPL was cheaper.

    Again, such claims about the past are useless. Say something about the future. That’s what separates the Chief from the Indian.

  17. Real Estater Says:

    >>Someone is visiting Burbed and touting for the accuracy about his calls. Don’t you guys think he needs his head checked?

    Someone here is not only in denial, he never learns his lessons. Don’t you guys think he is talking out of his ass?

  18. Real Estater Says:

    >>I do not think it means what you think it means.

    The last 7 words of your sentence can be omitted…

  19. Real Estater Says:

    The party never stops. Homeowners keep on saving money as interest rate goes down and real estate prices go up.

  20. The Gilroy Alex Says:

    #16 – it’s Excretor. We all know where his head is, it’s right up his ass as usual.

  21. SEA Says:

    So short-term memory man lets a year slip by to make a recommendation that “NOW is the best time to buy,” and we are supposed to be impressed that it is in “real time?”

    As far as #19, what happens when interest rates go up significantly?

  22. madhaus Says:

    As de facto admin of this blog, I request and require that if you’re going to slap each other silly, you do so with the appropriate weaponry.

  23. SV Shopper Says:

    Just my opinion, but I don’t think anyone should worry about interest rate right now. It won’t go up for 10 years just like Japan.

  24. Sunny(vale) Kim Says:

    Say something about the future. That’s what separates the Chief from the Indian.

    Ha ha! We all know how the BAC recommendation ended up.

    8th Feb: $8.13
    Now: $7.94 (plus Moody’s downgrade)

  25. Sunny(vale) Kim Says:

    It won’t go up for 10 years just like Japan.
    —-

    hanks for reminding us (unintentionally) about the Lost Decade of Japan. :) We totally forgot about it with all the exuberance.

  26. SV Shopper Says:

    Except SV is not like Japan. Japan has no immigration. We have people arriving daily. Borrowing cost is low right now. It works to the borrower’s advantage, and to the saver’s disadvantage.

  27. SV Shopper Says:

    Have a nice day. I’m going to open house right now.

  28. Sunny(vale) Kim Says:

    Except SV is not like Japan.
    ——

    :) It’s “different” here.

  29. SEA Says:

    #23- Ok, so the debate is not IF, but rather, WHEN interest rates will go up significantly.

  30. nomadic Says:

    Not only that #28, it’s special here.

  31. Mole Man Says:

    SV is not like Japan like Lanai is not like SV?

  32. Banker East Says:

    Speaking as a finance guy, one thing I can promise is that if you wait long enough, anything will happen. What you want to do is to make the most out of the situation being presented. When interest rate goes up, you will be asking what happens if it comes down again. You do that a couple of times, it won’t matter anymore, because you’ll be an old man.

  33. SEA Says:

    Just like I’d be an old man before housing prices went down.

  34. Sunny(vale) Kim Says:

    Looks like shoe is stuck in moderation queue. As a result, socks are coming out for rescue.

  35. SEA Says:

    “This time next year, there could be a 10% price appreciation. I would not be surprised to see that,” [National Association of Realtors Chief Economist Lawrence] Yun said.

    Does Yun live in the RBA?


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