So, the rumor going around is that Google offered to buy Groupon for between $4-6 BILLION, with a B, dollars and Groupon said no.  So, that elicits two WTF's from me.

1) Is Groupon stupid?  Their business has a limited time frame at best.  They have NO MOAT whatsoever.  Anyone can create a group coupon website instantly and be competition from them and the cost of starting said business is rediculously small.  There is nothing to keep Groupon from being killed by competition.  Especially when you consider all of their customers are people who actively search out the best deal at the lowest cost.  If ANY site comes along and has better, cheaper deals, their customers will leave.

2) Is Google f'n nuts?  It's a NAME.  Groupon?  Seriously?  That's worth a few billion?  It's a freakin' coupon site people.  It's not Facebook!  There is nothing special about Groupon at all, other than name recognition.  If you're throwing around Billions to buy out a name, you're stupid.  You don't see Apple doing things like that.

In any event, invest in what you want, but I think it's stupid to be plopping that much money into a business with no moat and stupid to turn down billions for any business.  How much do you need Groupon people?  Take the f'n millions and go buy an NFL team or something.

Warren Buffett wouldn't touch Groupon with your 10 foot pole and you shouldn't either.  Unfortunately, things suck so much that people are grasping at straws for something to latch onto.  What are you going to do with that gold bar you just bought?  Eat it?  Wipe your ass with it?  Just silliness in the markets today.

Find a good company, put money into it, sit and wait.  It's that easy.

Invest in peace...