Monday, February 28, 2005

Warren Buffett, Richard Russell, and the Web

Chairman MaoXian had a great link the other day to notes from a Warren Buffett q and a with some Vanderbilt business students. These notes are all over the web--here, here and here. There's great stuff in there, everyone should read them and cogitate on them, and that's the way the web should work.
What's also interesting to me is that apparently, they also appeared here, in Richard Russell's $250/year newsletter. Now, Russell is a smart old guy who's been around forever and forgotten more about markets than Jaloti is likely to ever know. However, Russell lamented (and I quoted, here, back when only Trader Mike was reading me) that with the Internet giving stuff away for free, how could fee based newsletters survive? Again, with him putting non-origianl non-proprietary content in his newsletter that other people are giving away for free, the question is still relevant.
How, indeed?

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