Daily Dose of Optimism

DDO in RealMoney.com BlogWatch

James Altucher picked up the DDO writeup of Chipotle in RealMoney.com. Although RealMoney recently launched their own blogs (subscribers only), I'm glad they continue to make room for the rest of us. - Ed

Link: RealMoney's Blog Watch:

The Daily Dose of Optimism weighs in -- literally -- on the Chipotle IPO. His analysis extends right down to the calorie content:

Now, I never actually checked the calories and fat content of the burritos I ate, and Chipotle conveniently has "not yet calculated this." But, with a little homework, Google Answers has a lengthy dialog estimating Chipotle clocks in at about 1,000+ calories. Not exactly "light" fare, but unlike a Big Mac and fries, a burrito is a hearty meal that will keep you going.

A New DDO Milestone - 30,000

Note: This will be the last spurious post on DDO volume, until I reach 100,000 unique visitors.

I noted that I'd reached 20,000 unique visitors around December 11, 2005 (after about 8-9 months). Well, around January 10th, 2006, the DDO crossed the 30,000 visitor milestone. I think I can safely observe that volume is growing like gangbusters here at DDO. Credit where credit is due: thanks to James Altucher and Paul Kedrosky, who, writing for TheStreet.com, cited four separate posts. And for readers, I remain appreciative of your time spent on, links provided to, and comments and emails about, this site. - Ed

Picked up in TheStreet.com

Regular readers - the DDO was picked up in TheStreet.com over the weekend as part of their "BlogWatch" by James Altucher. For those unfamiliar with his work, James is also a frequent writer on one of my favorite subjects, activist investing. - Ed

Excerpt: RealMoney Blog Watch
James Altucher (9/17/05)

There are about 10 million blogs out there, and it's hard to sift through them all and find the gems. But I keep track of some of my favorite posts each week and will share them on RealMoney.  Link

Daily Dose of Optimism has a quote from a lecture Buffett gave where he points out how everyone involved in the American Motors offering of shares in 1969 has disappeared from Wall Street. Part of the quote:

I want to show you an ad that ran June 16, 1969, advertising the sale of 1,000,000 shares of American Motors. This is a reproduction from the Wall Street Journal that day. Now does anybody notice anything unusual about that ad? Everybody in that ad has disappeared. There are 37 investment bankers that sold that issue, plus American Motors, and they are all gone. Maybe that's why they call them "tombstone ads.