Scary when even a plesiosaur as deadly and unblinking as Rupert Murdoch can’t bring himself to accept the implications of his own premises.
“Nobody is making money with free content on the web except search,” said Murdoch, noting the trend is particularly worrisome in the newspaper publishing, where News Corp. owns a variety of assets. “People are used to reading everything on the net for free, and that’s going to have to change.”
[ no, it's not ...]
…”Should we be allowing Google to steal all our copyrights? If you have a brand like The New York Times or The Wall Street Journal, you don’t have to,” said Murdoch. “You can say thanks but no thanks.”
[ no, you can't ...]
via Article – WSJ.com.
This has got to be the worst timed book in history. Unless maybe for DO-IT-YOURSELF SUBPRIME MORTGAGE SECURITIZATION or GET RICH WITH CHRYSLER.
Do-It-Yourself Hedge Funds
Everything You Need to Make Millions Right Now
By Wayne Weddingtonr
FULL DESCRIPTION
Even with the recent upheaval and turmoil on Wall Street, it’s still currently estimated that the hedge fund industry exceeds one trillion dollars in assets, and continues to expand. Hedge funds are all over the news, as their managers become multi-millionaires and seemingly come up with new, increasingly ostentatious ways to spend their massive fortunes. And until now, the average investor has been kept out of this world, being led to believe that one needs a MBA from a top university and millions of dollars to invest. … more
via Do-It-Yourself Hedge Funds – Hachette Book Group USA.
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