Other people do. It’s not a get rich quick scheme, so it’s hard to beat 80 years in the market. He avoids a lot of stocks that do very well too. I’m not saying following every move he makes will make you rich, I’m saying his general advice and strategy works.
phillaholic
joined 1 year ago
I think you’re twenty years too late on that worry. Most artists didn’t make any money once iTunes came out and singles became popular.
I don’t agree with that at all. I’ve started listening to 10x more small artists via Spotify than I ever had through any other medium. They’ll never be on the radio or anything like that. Spotify has recommended these artists based on what I listen to, I haven’t sought them out.
I don’t believe radio pays artists anything do they?
This would assume he’s making random picks and getting lucky. He’s not. He’s the most successful “Value Investor” of which his mentor Benjamin Graham is considered the father of. The advice isn’t a secret, it’s all out there.
Spotify plays a significant role in transforming music into a product akin to fast food, prioritizing mass consumption over artistic value.
Have you never heard of Top 40 before?
He's 93. He hasn't gotten by on luck alone for the 82 years he's been investing (Yes, he bought his first stock at 11). His essential strategy and advice are solid.
Some are better than others. You can control CarPlay without touching the screen in Mazdas for example.
I don’t want to even rent a car without CarPlay. Good luck with that GM.
They have my payment information. They don’t need to guess.
What are they going to do, black mail me by telling my friends I listen to Taylor Swift occasionally?
https://en.m.wikipedia.org/wiki/Black_Monday_(1987)