iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,428 Blog Posts

GIVE ME YOUR BILLIONS, PUNK

All day I’ve been forced to read these racist screeds on twitter and listen to Klansman-like commentary on the teevee, regarding the good Doctor (street pharmacology) Dre and his deal with Apple. People even went as far as to spread scandalous rumours that Apple was said to be in negotiations to buy FUBU clothing, Rocafella records and the Maybach Music Group (BOSS). They’ve said that Dr. Dre would be able to purchase plenty of “bling” with his winnings, as if he were some sort of person who would purchase such items–frantically desperate to support the African blood diamond exchange for perverted reasons only.

Do all black people covet diamonds?

Do all white people drink Budweiser?

Why can’t Apple simply be interested in the product that the good Dr. has to offer, at an absurd price tag of $3.2 billion dollars, aka 152,380 kilos of pure Columbian cocaine?

So what the Dr. Beatz are gaudy, superficial and generally a retarded item to put on your head?! Steve Jobs would’ve wanted it this way, have his company serve as a piggy bank for persons of interest, celebrities and hall of fame record producers, and the like.

I, for one, am quite pleased, as both an Apple shareholder and rap aficionado, to see Dr. Dre lay the smack down on Tim Cook, handling his business like a G.

GYEAH, west coast. 187 on an undercover cop!

NOTE: There was no form of racism in this post, as some of my best friends growing up were in fact of African descent (300 years back, but African descent nonetheless).

https://www.youtube.com/watch?v=s2e5ZibypDk

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99 comments

  1. budh

    I agree Fly. If it was a white dude people would be talking about what a smart guy he was in making $1Billion with his product/company. Apple knows what the demand is for Beats headphones. They sell it in their stores. They know what it would cost them to get China to make them. So the margin is easy to calculate. It’s a simple deal to pencil out, and Apple must have done that. So it’s probably a good deal all around.

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  2. mmk

    Clearly more a play for streaming/Iovine then hardware..

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  3. clegger_2000

    Hell if I knew headphones were going to make a comeback I would have kept my old KOSS phones from back in the 70s.

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  4. vigkap

    Dear Sir Fly, your problem with Dr Dre is that you are under the age of 40, and therefore too young to appreciate the genius of the “Classic Rap” genre of NWA Dr Dre, the Chronic etc. You are too busy listening to these young rappers who are only in it for the money, posers if you will. Dr Dre is to rap what Led Zeppelin was to rock n roll.

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    • Dr. Fly

      HOW DARE YOU!!!

      I grew up during the golden age of rap and been listening to it since it first came out.

      I, Sir, am a rap aficionado and know more about rap than you know about fornicating.

      Good day to you.

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      • vigkap

        Well thats good to know that you still listen to the Classics aka The Chronic and Doggystyle. Should be required listening for the young punks today. 2Pac as well.

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        • Dr. Fly

          What classics?! I’m 37 years old. I’m not 20.

          i was a teenager when Chronic came out.

          C’mon son. You suck as math.

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          • vigkap

            I think the Chronic and Doggystyle albums are true classics in terms of rap music. Those albums are almost 25 years old now. Dre really did help lay the foundation for modern gangster rap in my opinion. I think if 2Pac were still alive AAPL would be buying whatever he was selling though.

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    • sloop

      Vigkap, you hit the nail on the head. The young will never appreciate rock n roll. IT’S SAD!!!

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    • Research Donkey

      Classic Miami rap is some fo the best. 2 Live Crew, Poison Clan, The Dogs etc.

      http://youtu.be/fKWCS8iDWmM

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    • Goro

      How dare you mention the golden gods of rock ‘n roll in the same breathe with rap ( crap )….

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  5. MAXIMUS

    simple explanation – ib’s and vc’s need their money. bitch pleaze

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  6. jazzyjeff

    the klansman should’ve heeded the advice of slim shady who so aptly warned us not to “forget about dre.” perhaps it’s time to go long some marijuana stocks once the deal goes through?

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  7. sloop

    Sorry to hear you like Rap. I knew you were to good to be true… I found your flaw. LOL!

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  8. ironbird

    Grandma still values the SPY at 1880. It is a policy tool only. No longer can one “tell” anything from it.

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  9. dewey dortmunder
    dewey dortmunder

    I bought my son some Beatz about two years ago because I thought they were supposed to be good. According to the twitter drivel I’ve been reading, apparently they suck. I am enraged that I was sucked in by marketing yet again. Thanks for cheering me up with some yucks, Fly.

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    • tradingnymph

      Did they Break? Mine did…

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      • dewey dortmunder
        dewey dortmunder

        No, they still work but I was under the impression they were high-endish. I keep reading they are garb. I only have myself to blame. Sorry yours broke nymph.

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        • tradingnymph

          That’s OK Dewey, they were not all that. There are a lot of YouTube Vids on how to repair them, so I don’t feel like I am that alone on it.

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  10. sethster99

    XIV ftw! Another 2%+ today. VIX headed to low 12’s next week. Then we sell and go long VXX.

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    • Dr. Fly

      XIV is the best long term investment of all time.

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      • dragun

        I have a buddy who has been writing out of the money LEAP calls against vol and making cheddah’! (no swiss).

        He did get screwed once on a reverse split, otherwise well ahead in the game.

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  11. jules

    Big Pun is still the greatest rapper of all-time.

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  12. sloop

    DAMN!! that just takes the “cool” right out of you. don’t worry, I’ll get over it,…maybe.
    “It’s not that I’m old, Your music really does SUCK”

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  13. MAXIMUS

    up in smoke tour greatest arena rap tour to date

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  14. sloop

    I’m taking down my “FLY” poster and putting back up my Farrah Faucet poster. The one I lost my virginity to back in 1976.

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    • Dr. Fly

      You are simply begging to be banned.

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      • sloop

        I’m sorry man. It just rips my soul out. It really does. See, I grew up with Bob Seager and the likes. That stuff is timeless and it gets deep into you. It cause you think of great memories of the man trying to come out of the boy. It took skill to put the riffs and the words together. Listen to Turn the Page and Like a Rock (about a man looking back on when he was stronger and a younger person) God, that’s music. and that’s only one band, there’s a ton of them. Don’t ban me, I’m just being gut honest here.

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        • alf44

          .
          … I would rather take an ASS WHIPPIN’ from Mike Tyson in his prime … than hafta sit through MOST of the “(C)RAP Music out there !

          Not ALL … just MOST !!!

          —–

          With that … I’m off to enjoy some “Gin & Juice” !!!

          —–

          Uh Hem … the icy cold beverage … not the tune !!!

          😉

          .

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          • alf44

            .
            … that said, I’ve seen 8 Mile … about 10 times !!!

            Love Eminem !!!

            .

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          • ottnott

            Sorry about the loss of your ear.

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          • alf44

            .
            … you obviously have me confused with Evander !

            Relieved to say … BOTH ears are intact !!!

            .

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  15. Fidel Cash Grow
    Fidel Cash Grow

    Geto Boys Gangsta of Love and Assassins, Public Enemy My Uzi Weighs a Ton, Slick Rick Lick the Balls. Those are the jams….

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  16. TJWP

    If the dead ever do rise, it will be Steve Jobs coming back from the grave to kill Tim Cook

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  17. jdf

    Good for Dre for getting the money – the headphones look dumber than shit and should only be worn by people too stupid or ignorant to purchase Bose products. But the market has spoken and ugly and retarded has seized the day.

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  18. og

    This deal actually isn’t so bad considering Google paid $3 billion for Nest and their thermostats.

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  19. juice

    the best thing on TWTR today was the outting of Keith I-don’t-actually-make-any-real-time-stamped-trades McCullough. Therefore, he is not only virtually full of shiite but actually, in fact, full of bullshiite.

    I guess that’s what he means by “New Wall St” .. no real trades as they used to do on Old Wall St, but time-stamped spuedo trading is all the rage!

    http://www.businessinsider.com/hedgeye-keith-mccullough-vs-carmine-pirone-2014-5

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    • juice

      and he keeps digging & digging .. what a tool https://twitter.com/KeithMcCullough

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    • jules

      I don’t like the guy either but really how can you prove that any service out there makes the trades they claim? There are much worse than him.

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      • juice

        perhaps, but being so loud, obnoxious & a braggart about putting down anyone who doesn’t time-stamp their paper trades, has got to be up there!

        Neither did he ever come out and say he wasn’t actually trading .. talk about time-stamping deception and concealing forthrightness & honesty .. maybe his service is good, I have no idea, but at least time-stamp a disclaimer that you are only a loud-mouthed paper-trader 😀

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        • Dr. Fly

          We should do a fundraiser. Keith is king kock

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          • badduck

            His self proclaimed ‘best independent research firm in America’ does not exist 1 year from now. Bank on it.

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  20. bushwacker2

    Kenny Fucking Powers would approve of this post.

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  21. matt_bear

    In light of the Donald Sterling incident I find it funny that Tyrese and Dre dropped the N word a half dozen times.

    Who knows, maybe Dre buys the clippers now.

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    • badduck

      Funny how that works.

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    • alf44

      .
      … I’m pretty sure Stephen A. Smith would be shoutin’ his approval from the rafters !

      LOL

      .

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  22. ottnott

    If you want to go REAL old school urban rapper, there’s nobody else but…

    Petula Clark
    https://www.youtube.com/watch?v=yHNGvEdTwBQ

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  23. Fractal

    Excellent post.

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  24. chedda

    Fly, I almost died listening to this song. Driver of our dropped tape of Deep Cover on floor and when he went down to grab it it, yanked the wheel, pulled us off the road, split a telephone pole in half and rolled the car over twice. We all survived. Miracle. It was a classic prior to our accident and means even more to me after. Im 36. We grew up in the golden age of rap. Don’t let anyone tell you otherwise. Preach on my brotha.

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  25. sloop

    My world is all Stocks and Rock and Roll who needs anything else.

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  26. alf44

    .
    … I have a somewhat sick feeling that this country is NOW so god damn, fucking stupid …

    … that Russell Simmons,, Jay-Z, Dr. Dre, P. Diddy or Snoop Dog … could actually carry the popular vote for POTUS …

    … assuming they could get through the Primary Election process !

    —–

    Please tell me … they COULD NOT get through the “Primary Election” !!!

    .

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    • sloop

      I agree Alf However it started, they did a great job of dumbing us down. America IS over. It really is.

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    • alf44

      .
      … although, they would ALL prolly be an upgrade over Rubio, Paul, Christi, Santorum, Perry, Bush (Jeb) … etc … etc …
      Imagine a Nationally Televised Presidential Debate between Rand Paul and P. Diddy !

      Must See TV !!!

      .

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      • alf44

        .
        … sumpin’ tells me Sloop might not agree with me on this …

        .

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  27. sloop

    Sorry if I offended you Fly. not many things spark a flam with me but I love Music. more than I love money believe it or not. Another one would be someone trying to take away my guns. God bless.

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    • alf44

      .
      … NOW you’re startin’ to sound a bit like Ted Nugent !!!

      .

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      • sloop

        What’s wrong with that?

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        • alf44

          .
          … you ARE aware that Nugent called the current President of the United States …

          … a Subhuman Mongrel !!!

          —–

          REALLY ???

          You okay with that ???

          .

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          • sloop

            Yea, alf, I agree with Nugent. The man’s a cancer to America. In my opinion “subhuman” is giving Obama the benefit of the doubt.

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          • alf44

            .
            … wow !

            Excuse me !!!

            The fact that I have actually inadvertantly crossed paths … (albeit) “virtually” … with someone on the “Internet” … SO … blatantly despicable … necessitates a scalding HOT shower !!!
            —–

            Perhaps … we should “take it outside” !!!

            —–

            Alas, that is not currently possible !!!

            .

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          • sloop

            sorry to have offended you. That’s why we should stick to the market. As America falls to the enemy you will eventually understand Sloop was correct. I don’t understand why you cant see it yourself. My only answer is If you were not born before 1975 you have nothing to compare todays America from yesterdays America. Younger people don’t remember the cold war and the respect America once had around the world. We may have been hated BUT! we were respected. We had industry we had 100% freedom of speech we had pride and when you went over seas they treated Americans with honor. NONE of that exist today. I’m not saying Obama started it but he sure did accelerate our down fall. But he’s only the puppet, there are bigger people and Co.’s that pull his strings. But we will be a fallen country soon.

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          • alf44

            .

            … upon further reflection, “despicable” … is too harsh !!!

            “Disgusting” … prolly a better choice !!!
            .

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          • sloop

            What makes America the greatest country in the world?

            https://www.youtube.com/watch?v=1ZFRmVFn7WM

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          • Dr. Fly

            America is the land of opportunity. Never forget that

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          • sloop

            Completely agree. I love America

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          • alf44

            .
            STFU Goofus !!!

            I am prolly old enough to be your Father !

            If you were my son/daughter … I would prolly give you a swift boot in the ass and tell you to “git a fuckin’ clue” !!!

            JEEEZ !!!

            .

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          • sloop

            I was born in 62 DAMN!! you must be old!!

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          • sloop

            I’ll call you Pop’s for now on lol!

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    • Dr. Fly

      Sloop

      I don’t love rap. Rap is a joke. My fav music is classical.

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  28. one-eighty

    Google, Facebook and now Apple. They have so much cash floating around they are overpaying like shit for shit.
    A headphone maker for 3.2b. A thermostat maker for 3b. A messaging ap for 20b. Completely absurd, stupid, a waste of the shareholders money.

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    • alf44

      .
      … a “Sign Of The Apocalypse” perhaps ???

      .

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      • one-eighty

        Nah. It just pisses me off.

        There are a lot of terrible managers around making stupid decisions.

        Yeah I know, they’re just kids, or in Cook’s case, trying to act like one. They’ll grow up and figure it out. They’ll be OK. Except then they’ll run off with a fine “parting gift” leaving the rest of us holding a bag of shit.

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    • mad willie thompson
      mad willie thompson

      @one-eighty, I agree that stupid valuations are ruling the day. BUT, I thought the Nest acquisition was a good one.

      For Google it is *way* more than just a badass thermostat. It is actionable, marketable data (both behavioral and energy consumption data), and lots of it. 3.2B is a lot to pay, but…

      Not many are better with data than Google, and few markets are larger than the worldwide energy market (worldwide healthcare market maybe).

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  29. alf44

    .
    CRAZY WACKY IDEA

    How about an “area” on the site designated for “chatter” … “suggestions” … “arguments” … “rants” … “arguments” … “murder confessions” … “bomb threats” (OKAY … obviously joking on those last two) !!!

    —–

    You get the idea !!!

    Call it the “Parking Lot” ! (already used on the old iHub Stock Forum)

    How bout “Take It Outside” ?

    Whatever … give it some thought !

    Could be an interesting … ah hem … “Forum” !!!

    —–

    Whadda ya think Fly ???

    It could get quite interesting … when you “take it outside” !!!

    Just a thought !!!

    .

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  30. sloop

    Back to stocks. I bought GRPN Wednesday and sold it today for a 10% score. I had to hold my nose while buying that crap. But it was ripe for a bounce. 100% cash again

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  31. sloop

    I’m also watching NSR looks like a buy below 26

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  32. Raul3

    best part is how the Dre celebration video ends with a crip walk

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  33. alf44

    .

    … I am reasonably certain that …

    Take It Outside

    would be HOPPIN’ right now !!!

    —–

    FUR WOULD BE FLYIN’ !!!

    .

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  34. alf44

    .
    DIG THIS … Sons, Daughters, Husbands, Wives …

    Tomorrow is Mother’s Day !!!

    —–

    Give Mom a hug !!!

    Appreciate her !!!

    Be thankful, for her !!!

    —–

    A lot of us aren’t so fortunate to have her around anymore !!!

    .

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    • alf44

      .

      😥

      .

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    • sloop

      My boys bought mom a concealed hand gun purse. Perfect for her Sig Sauer S&W .40 Simi auto. She’s going to love it!

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