A boy and his dog.....
Thursday, August 16, 2007
Panic in the Streets?
The falling market spells doom and gloom...but I'm not buying into it. I'm instead buying more. Either I'm going to land face-first when we hit 1200 in S&P or I'll be a genius and my retirement plans will be way ahead of schedule when we hit 1550+.
Discipline in days like this is incredibly challenging. But as my man Brinker says..."there's a reason why stock market investors earn more overall than bond investors....because the stock market is volatile!"
Saturday, August 11, 2007
Universal to sell songs without copy protection
Fri Aug 10, 1:24 AM ET
NEW YORK (Reuters) - Vivendi's Universal Music Group, the world's largest music label, on Thursday said it will test the sale of songs from artists such as Amy Winehouse, 50 Cent and the Black Eyed Peas, without customary copy-protection technology.
The company said in a statement it will allow the sale of thousands of its albums and tracks available in MP3-form without copy-protection software, known as digital rights management, over a trial period.
Hmmm...seems to me about 10 years ago, when this whole digital music age was just starting to really take off, a little company named Napster dominated the market and offered these same record labels the opportunity to share in their business and profit greatly from it. They chose instead to shut Napster down and stay the course....which, 10 years later, has lead them right back to this same exact concept of giving people what they actually want.....meanwhile the labels' profits and market shares have been beaten down...to the point where this new found revelation that doing what Napster had suggested a decade earlier might just be a little too little a little too late.
Fri Aug 10, 1:24 AM ET
NEW YORK (Reuters) - Vivendi's Universal Music Group, the world's largest music label, on Thursday said it will test the sale of songs from artists such as Amy Winehouse, 50 Cent and the Black Eyed Peas, without customary copy-protection technology.
The company said in a statement it will allow the sale of thousands of its albums and tracks available in MP3-form without copy-protection software, known as digital rights management, over a trial period.
Hmmm...seems to me about 10 years ago, when this whole digital music age was just starting to really take off, a little company named Napster dominated the market and offered these same record labels the opportunity to share in their business and profit greatly from it. They chose instead to shut Napster down and stay the course....which, 10 years later, has lead them right back to this same exact concept of giving people what they actually want.....meanwhile the labels' profits and market shares have been beaten down...to the point where this new found revelation that doing what Napster had suggested a decade earlier might just be a little too little a little too late.
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