Tag Archives: Wall Street Journal

Online brokerage no threat to advisors. Yeah, and I’m a meat-eating rabbit

Has Meir Statman gone off his meds? Does the author of What Investors Really Want: Know What Drives Investor Behavior and Make Smarter Financial Decisions have no clue what investors really want? In a Dow Jones webinar of recent survey results, What Motivates Affluent Investors, Statman tried to make sense of the following data: Affluent [...]

WSJ on Insider Trading (video)

Allan Murray runs a good interview with Joel Cohen, a former federal prosecutor and insider trading expert.

Good points about duty, hedge funds, insider investing and the gray areas surrounding implicit duties for confidentiality.
[ht: Finance Professor]

Murdoch, Good Content, and Pricing

Rupert Murdoch on Fox News post D8 presentation. He’s pushing the Wall Street Journal as a mainstream paper/product and is pretty blunt about turning off non-payers of premium content.
He also claims that he expects similar subscription numbers that the WSJ.com enjoys on the iPad (1MM+).
Check out the video below.
Watch the latest business video at [...]

The Atlantic on WSJ iPad app: It’s working

Interesting analysis on The Atlantic today regarding the WSJ’s paid content experiment on the iPad.
Let’s remember (from the article):

Apple sold about 500,000 iPad units in its first week
3200 WSJ iPad apps sold so far at $17.29/mo (or bundled together with other editions)
30,000 current WSJ subs trialing a free version of the app — so room for [...]

Read the fine print, investors: Some mutual fund fees higher than thought

We’ve written for a while that for certain purposes, Exchange Traded Funds (ETFs) are a better mousetrap.
As Mutual Funds 2.0, ETFs have introduced:

new ways to implement investing ideas (eg. country exposure to Poland, Chile, etc.)
made existing ideas easier to trade (leveraged long and short funds, buy-write strategies)
provided continuous pricing (unlike Mutual Funds that price [...]

Dow Jones reorganizes, feeling Bloomberg’s man heat

I believe the Dow Jones mouthpiece when they say that the executive changes announced yesterday weren’t motivated by cost cutting.  Dow Jones chief, Les Hinton was quoted as saying:
This structure will provide the focus to make us faster and better than our rivals at identifying and meeting customer needs.  This isn’t about personalities, and it’s [...]

Murdoch on Sky News on the WSJ.com

Interesting interview with Rupert Murdoch himself on the WSJ.com, Google, and premium content.
Here’s TechCrunch’s take on what Murdoch has to say:
Murdoch told his own Sky News that he might start blocking Google and other search engines from giving searchers full access to articles on the Wall Street Journal’s website, WSJ.com. Asked whether he realized that [...]

Insiders vs. Outsiders: Why Raj Rajaratnam is no Martha Stewart

Martha Stewart was a billionaire in 2001.  She floated her own media firm, Martha Stewart Living Omnimedia, on the New York Stock Exchange in 1999 and witnessed her stock price double just on the first day it began trading.  Her T.V. shows combined with magazines and a home furnishing line were just hitting their stride.  [...]

With BusinessWeek, Bloomberg takes aim at Dow Jones

Everyone’s out reporting that Bloomberg, after being rumored as a suitor to pick up trouble biz mag, BusinessWeek, actually closed the deal for a rumored $5 million, an assumption of debt that amounts to over $30 million and a burn-rate of over $800,000/week.
Couple of salient points here:

Integration issues: Bloomberg has grown with a “build, not [...]

Can short-term governance focus investors on the long term?

Warren Buffett has been quoted as saying that his ideal holding period for a security is “forever”.  While Buffett has exhibited long-term perseverance with some of his large cap holdings like Johnson and Johnson and Coca-Cola, he’s actually proved to be quite the trader recently with some options plays and short-term funding of the troubled [...]