Best and Worst Dow Stocks Since 1987

Below is Dave Wilson‘s chart of the day for Bloomberg from Friday, in which he looked at the Dow 30 since the crash of 1987.  He notes that there are 14 holdovers from those days and wrote this bit about the old Dow names that have been down since then: Five companies removed from the…

No, It’s Not You – Modern Radio Blows

No it’s not you – the Top 40 format has never been worse since since the invention of radio. You know the causes: changing demographic dynamics, the dissolution of the album artist, the hegemony of the digital single, the labels’ disregard for careerism among their roster of acts, the iPod-as-cost-efficient-DJ trend, the death of regional…

Disruption Theory

Clay Christensen’s work on Disruption Theory, in particular his book The Innovator’s Dilemma, is said to have had a profound impact on Steve Jobs at Apple. Farnam Street has a fascinating post up with some comments he’s made recently regarding disruption as it relates to the media business… With history as our guide, it shouldn’t…

I guess we have our answer.

How’s earnings season going? Only 42.3% of S&P 500 reported companies beat Q3 revenue expectations and 57.7% have missed. 64.9% have beat EPS estimates. Sucks. On Monday, I laid out the only question that I felt mattered for the markets. And based on this week’s earnings reports and today’s catching-up reaction, I think we have…

My Recollections from Black Friday, 1987

I’ll never forget that day. The way the wind rustled through my hair, portending a storm coming that I could never have imagined. I had my bookbag on my back, headed to Ms Mutnik’s 4th grade class that morning. Little did I know that things would never be the same. Later that afternoon, I can…