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Wednesday, April 7, 2010 as of 11:14 AM ET

Liz-Vision
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  • May 2, 2009 01:28 PM UTC by Liz Claman

    Buffett: You can bet on inflation

    Question: What is your latest outlook on the dollar given what’s been thrown up in the air in the last 6 months?\
    Buffett: It’s pretty unpredictable. I guarantee you the dollar will buy less 10-20 years from now. But we are doing things that will hurt the purchasing power of the dollar. On the other hand the same thing is happening in different countries around the world. The British will run a deficit of 12 and a fraction percent of GDP. Even the Germans will run a deficit of 6 and a fraction GDP. You’ve got governments around the world all electing to run very material deficits. Electiing to do that to offset the contraction demand. How that plays out in relative exchange rates – I can’t tell you. In terms of currency’s purchasing power in the future – it’s going to cause units of currency to buy a lot less.That isn’t gonna happen in the next year or two. Doesn’t mean markets won’t start anticipating it at some point. We are doing things that we havne’t seen in the past. And policy makers do not know the outcome and I don’t know the outcome. You do know it will have consequences and you can bet on inflation.

    Munger: I remember the 2 cent first-class stamp and the 5 cent hamburger.  In my life I think I’ve had the most privileged era to live. The trick is to avoid runaway inflation.

    You want to be a mobile app developer? Here’s how!(Technology)

    Manila Bulletin August 24, 2011 MANILA, Philippines — What does it take to develop a successful mobile app? Ask top mobile app developer Jan Ole Suhr and he will say it takes a lot of guts, ingenuity, passion and a lot more. in our site google gravity download

    Jan Ole Suhr is the guy behind MobileWays.de, and most famously, the Twitter client Gravity, which has since expanded to include Facebook, Google Reader, and much more. Gravity is a fully-featured Twitter client with a user-friendly interface that supports multiple Twitter accounts, image uploading to Moby Picture, TwitPic, Flickr and others, multiple Twitter Searches, Twitter Trends, Lists, Retweets, Groups, Alerts, Auto-Connect and many more.

    It was originally a personal project for Suhr, who wanted to have his own Twitter client on his then Nokia N95 and E61i. Thus, he embarked on the project which aimed to be a Twitter client that’s at least good as the apps on the other mobile platforms.

    Since it was introduced two and a half years ago, Gravity has grown tremendously to become one of the most downloaded social networking apps on Ovi Store worldwide. Below, he shares pointers that aspiring app developers can look into to jumpstart their career in coming up with coveted apps for today’s mobile phones:

    Engage with your users. Make them feel important. Always be polite – regardless of how rude a customer may sound. If you’re winning an angry customer over, you’ve actually won a fan.

    Publicly show your own engagement with the product. Use it yourself as much as possible. You’ll learn about the problems with it sooner!

    Create a way to interact with your users via the app: the first feature to implement is an auto-updating mechanism, or at least a way to push messages to the app. There are so many download sites offering your 1.0 version that might not even work anymore. If you cannot notify those users, you might just lose them right away. in our site google gravity download

    “Small companies have a hard time competing with the big ones” – Well, that’s not true in Suhr’s experience. Small companies have a lot of advantages: they can move quickly – dump projects and start new ones in the blink of an eye; they can sit out projects while working on other things; they can create a personal, and thus more engaging relationship with their users, just to name a few advantages. As a small start-up yourself, you need to be aware of these competitive advantages.

    Try to use today’s technology, not tomorrow’s promised technology. But this comes naturally, because you have to make a living today and not tomorrow – most of the time – especially if you’re not VC funded!

    For inspiration, download the 10-day trial version of Gravity on Ovi Store (www.store.ovi.com) now.

about this blog

  • Liz Claman joined FOX Business Network (FBN) as an anchor in October 2007. Her debut included an exclusive interview with Berkshire Hathaway CEO and legendary investor Warren Buffett.

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