Disagreements of content by the Companies News outlets and other decisions. Thats in his letter that is submitted to the board included in the s. E. C. Filing disclosing this change to the companys board, prett notable move and speaks to the split within that Murdoch Family over some of the political content of news corp back over to you we know, julia, already theres a family rift of james and his wife and his brother lockland over Climate Change denialism that has been put forth by fox news and the other outlets and not entirely a surprise with the division perhaps not surprisingly james donated to Vice President bidens Campaign Fund and investigating in a number of startups around the world specifically in india an backing some Climate Change initiatives as you mentioned. Julia, thank you. Mike, comment on news corp yeah. So, you know, one of the things that news corp is contending with isnt just the News Department but obviously they have some challenges in other areas of their bus
The truth was, there no business. It was simply money in, money out. Narrator but the fun cant last forever. Ponzi schemes dont have happy endings. Theyre not designed to have happy endings. [ whistle blows ] narrator its august 2011 in miami, florida. As day dawns on a new football season, fans of the university of miami eagerly await their teams debut. Miami filmmaker billy corben directed the u, a documentary about the team. In miami, its safe to say that fans have been spoiled, in that, at the start of every new season, weve come to expect that this could be yet another national championship. Narrator but this year, from the university of Southern California to ohio state university, scandals have tainted college football. Little do the hurricanes loyal fans know, the real deluge is about to begin. Its the university of miamis Worst Nightmare the damning results of an 11month investigation by yahoo sports. In it, convicted ponzi schemer Nevin Shapiro claims he gave improper benefit
Dow rallied 41 points. Nasdaq. 11 . We have to find a sports anlage. That does it for me. In the National Football league they call it next man up. Maybe it had been kind of sitting around and maybe he gets in the mix and gets the job done. The Dow Jones Industrial average is full of next man up situations. Todays one of the days you can see them written large. Theyre responsible for the game. The next up in the dow industrials it is, walmart. Walmart . Heres a company that many had written off as bad habits. An old store chain. Kind of with a Montgomery Ward feel to it. Out of step with time and place. Now that might have been the case in the past but this current ceo of walmart, this guy doug mcmillan, i dont know. Got me dazzled. I dont feel that way anymore about walmart. We have a nice up size price for the first time in ages this morning for a company that had begun to stand for lower prices. Not in the stores but in the stock market. I liked everything he had to say. Its clear h
Mobile and cloud stocks, namely facebook and google and because the gains came so fast and furious today, we should waste no time and get right into them. Lets take facebook after last nights report. Simple fact of facebook is that its the Fastest Growing big capitalization stock of america because it is surfing the Fastest Growing theme of america. Social, mobile the cloud. This is a company that owns the young person demographic all over the world with a product that works best when youre on the go. Facebook is the modern way. Other than google, for advertisers to connect with potential buyers. It puts an end to that old song, 50 of advertising works, i just wish i knew which. At facebook, it is 100 of the advertising that works, which is why this Company Might be the greatest advertising vehicle of all time. It can be used for branding, direct marketing, local and national through a preselected audience that wants the product and likes the ads and that audience is the right demograp
Investing can be a lot like comedy. In both disciplines, timing is everything. Perhaps the similarity is where on occasions people call me a clown, a joker as long as its not a midnight toker. Maybe they are actually complimenting my keen sense of timing when they compare me to bozo and krusty. The joke is on them. When it comes to stocks, getting the timing correct, knowing the right moment to buy, right moment to sell among the most difficult and frustrating parts of managing your own money. So many times when i see you, im solving it tonight. It is demanding. Precision is tough to get right. So many commentators say its impossible for individuals to time the market. There is a whole Cottage Industry of naysayers who make a living telling you there is no way a regular investor can do it. You might as well give up on trying to trade, give up on picking your own stocks and just put all your money in an index fund that mimics the performance of the market as a whole and leave it there f