Michael Birch
Michael Birch
Michael Birch is an English computer programmer and entrepreneur...
NationalityEnglish
ProfessionBusinessman
Date of Birth7 July 1970
businesses perfectly perform sound stock
The fundamentals are still sound but the stock has been priced for all their businesses to perform perfectly and we didn't see a lot more upside.
silicon
I have always been very tech-focused, which you may almost say is the traditional CEO in Silicon Valley.
expecting further investors rate sold stocks
Everyone is nervous. Not many investors were expecting further rate increases, but now stocks are being sold on that basis.
resources strength
Resources have underpinned the strength of the market.
buying companies company goes mining next related soon
Any company that goes through an integration, buying a new business, there are always risks. So as soon as we see that bedded down, a lot more comfortable we'll be. We still think that mining services, companies related to resources, will do really well next year.
assets bit brown expect fair involved rail tells
Those rail assets are being used to funnel commodities all over the place. With Babcock & Brown involved it tells you that they expect a fair bit of growth.
banks certainty earnings either looking miners relative temptation
With the miners looking shaky, the temptation is to look elsewhere; either for earnings certainty or for relative underperformance, and the banks have that in spades.
created itself left matter myspace needed product time vulnerable
The problem with Myspace was always that it was never as strong a product as it needed to be. It left itself vulnerable to competition. It was only a matter of time before someone created something better.
people edginess edgy
Myspace was always a bit edgy. People identified it with edginess and music.
want website backgrounds
I built websites for myself. I didn't want to work for anyone else. I came from a science background, so I approached things fairly analytically.