Showing posts with label Bonds. Show all posts
Showing posts with label Bonds. Show all posts

Thursday, February 16, 2012

BILLIONAIRE GADGET OF THE DAY: James Bond's Actual Rolex Watch Hits The Auction Block

If you want to look as cool as James Bond, here's your chance to stock up on one of coolest his accessories (via Hodinkee).

The Rolex Rodger Moore wore in "Live and Let Die" is up for auction through Christie's in Geneva next month.

It's expected to sell for between $230,000 amd $450,000.

In the movie the watch, a Rolex Reference 5513 has been tweaked by Q to include a buzzsaw bezel, which Bond uses to free himself and Solitaire (played by Jane Seymour) and the watch has a "hyper intensified magnetic field generator" that was used to stop a bullet.

The buzzsaw bezel is still in place on this watch. The caseback is also signed "Roger Moore 007." There's a small pinhole where there was once a thin wire installed to help unzip Miss Smith's dress during filming. 

The watch itself was produced by Rolex in 1972 and still has its original bracelet.

Bond, of course, was also known for sporting a tuxedo.

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Wednesday, August 31, 2011

MONEY GAME TIP OF THE DAY: Corporate Bonds Can Be Safer And Better Than Sovereigns

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Now that the U.S. has been downgraded by Standard and Poors, are U.S. AAA-rated companies better bets than than U.S. AA plus-rated Treasuries?

There are 70 U.S. companies whose debt is cheaper than U.S. Treasuries Automatic Data Processing, ExxonMobil, Johnson & Johnson, and Microsoft. So it's reasonable to think that they deserve more of your attention.

FT's Gillian Tett seems to think so, and he gives two simple, specific reasons:

Companies are no subject to whims of political fervor-- which is not always rational per se. Mobility. These companies can move operations ands funds overseas whenever they like.

Part of what this boils down to is that investors need to think of who understands their balance sheets, is more transparent, and is more rational -- AAA-rated American companies, or its AA-rated government?

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