I read on WSJ.com this morning that Murdoch plans to make WSJ.com free because doing so would increase readership from 1 million to 10-15 million worldwide, attract big advertisers and be more profitable (subscription required – not for long!!!).
But I wonder if doing so will inevitably result in a dilution of quality in order to appeal to a more mass audience. I voiced these concerns in a letter to the editor this morning.
I find Morningstar’s stock and mutual fund analysis useful, which is why I am a premium subscriber, but I am constantly frustrated with their lack of an ability to integrate a macro economic perspective into their analyses. They seem to…
Tom Dyson, one of my favorite investment writers over at Daily Wealth because of his willingness to get philosophical from time to time, got philosophical this morning: When it comes to investing, people often ask me a similar question….. What’s…
Fundamentally, I think there are two main schools of investing. There are the guys who believe in doing rigorous research and finding stocks that are undervalued. These stocks could be undervalued because of their cheap price or because they will…
Milton Friedman, the great popularizer of free markets and “Monetarism”, emphasizing the importance of monetary policy in contrast to Keynes emphasis on fiscal policy, is dead at 94. Friedman was one of the important intellectual voices in the movement towards…
A starting point for becoming knowledgeable about business and finance is simply to read The Wall Street Journal everyday. If you just do that, you’ll find your knowledge and understanding growing all the time and you’ll be way ahead of…
Hypocrisy n. : 1. The practice of professing beliefs, feelings or virtues that one does not hold or posess; falseness. 2. An act or instance of such falseness. CNBC and The Wall Street Journal yesterday broke the news that private equity…