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A patent infringement lawsuit was recently filed against a well-known "B-list" celebrity. However, when it was discovered that this celebrity doesn't make much money, the lawsuit was dismissed. End of story, right? Wrong! The celebrity in question rejected the dismissal, and insists on being sued. It's an interesting case that has the potential to disrupt the entire tech market. Read more » Active management involves selecting securities to own based on research and analysis. The idea is to pick attractive stocks and outperform the market. In theory, picking the best stocks is a great idea. In practice, however, the performance of active managers has been woeful. Research conducted by Standard & Poor's has shown that the majority of active managers across all domestic equity categories failed to deliver higher returns than their respective benchmarks. The numbers are so bad that they're hard to believe... Read more » Latest "Cash Codes" Just Released Here's a way to add $1,050 to your account, starting as early as tomorrow morning. The strategy comes from former NYMEX market maker, Lee Lowell, who's been recommending special "cash codes" to his readers for five years. These sought-after "codes" can be used to collect instant cash from the market - cash that's deposited into your account within minutes. All the details are here. | I'm currently sitting in my hotel room in Midtown Manhattan, a city I've been coming to since the 1980s. It's interesting to see how the Big Apple has changed over time. Undoubtedly, one of the biggest changes in this town has been prices. When I first traveled here, it was easy to shop around and score a hotel room for under $50. By the '90s, prices had moved over $100 per night, and late in the decade, I had to work hard to keep the price of a decent room below $200. Now, even during a period of supposedly low inflation, I had trouble finding a room for under $300, and to do it, I had to move to a less desirable location. On top of that, The Wall Street Journal reports that the Hyatt Hotels Corporation just paid $1.9 million for hotel rooms in New York, close to a record price. When it opens, a night at the Park Hyatt will cost a cool $900. Yet the government tells us we have just 2% inflation! Frankly, I don't need a government bureaucrat to tell me that there's no inflation. I remember the prices I paid in the past, and I know the prices I'm paying now. Inflation is a very real, hidden tax, and the government is using it to assassinate savers and responsible citizens who hold cash for retirement or even just a rainy day. Read more » | | | | | You are receiving this e-mail at as a part of your free subscription to the Wall Street Daily e-letter. Manage your subscription. Or to cancel by mail or for any other subscription issues, write us at: Wall Street Daily Attn: Member Services 105 West Monument Street Baltimore, MD 21201
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