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25 Feb 09

EXILED ONLINE - MANKIND’S ONLY ALTERNATIVE » CNBC: A Dumb, Perky Cheerleader for the Team That Stole Our Money - By Mr. Walker

  • Here’s lesson #1 about investing. If you’re going to make any money you have to have some kind of unusual insight into something, and you’re probably going to have to spend a lot of time doing what other people tell you is stupid. When everyone was piling into Lucent and Global Crossing in 2001, the smart guys who were destined to make money were out buying boring old retailers with business plans and customers, railroads, real estate exposure, and emerging markets.
  • After all, cheerleading stock analysts and recommending good stock picks in this environment would be like Shipbuilders Weekly talking to Joseph Hazelwood on the bridge of the Exxon Valdez about the new autopilot systems on oil tankers.
15 Dec 08

FutureWatch: The End Of The News Aggregators And The Future Of News


  • However, If you are a traditional media company that produces its content using journalists, editors, sub-editors, photographers, etc, then you have a problem because online ad rates are not going to cover your operational costs. And as ad buyers have grown more comfortable with online advertising, and long term contracts began to expire, the move to online advertising has accelerated.


  • This is a huge problem because as a society, we need media professionals -- citizen journalists cannot fill the breach.

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