Felix Salmon
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Advice for Producers, Crowdfunding, the Wu-Tang Clan, Dirty Old New York and More: Sunday Links
Here are some of the articles I’ve read this week that I recommend for your Sunday afternoon reading. “Whose Brooklyn Is It Anyway?” wonders A.O. Scott at the New York Times as he considers Spike Lee’s recent comments on the borough’s gentrification: Every city is simultaneously a seedbed of novelty and a hothouse of nostalgia, and modern New York presents a daily dialectic of progress and loss. As Colson Whitehead notes in “The Colossus of New York,” you become a New Yorker — or perhaps a true resident of any place, whether you were born there or not — when […]
by Scott Macaulay on Mar 30, 2014 -
Independent Film Success: Luck or Merit?
Two of my favorite economics bloggers — Felix Salmon at Reuters and Joshua Brown at The Reformed Broker — are debating a new work by a third writer, Black Swan‘s Nassim Taleb, that has something to say to independent filmmakers. To bring their dialogue into our world: has the DIY revolution led to a system in which luck is the primary determinant of independent film success? Let’s start at the beginning. The work referenced — “Why It is No Longer a Good Idea to Be in The Investment Industry” — opens with a new term, “the spurious tail,” that refers […]
by Scott Macaulay on Aug 19, 2012 -
WHY NETFLIX IS CRASHING
Felix Salmon at Reuters has a succinct explanation of why Netflix stock is crashing. (Note to non-investors: a stock and a company are two different things. A stock looks at not only current value but future growth potential. Thus, a good company with a healthy but slowly growing business can be worth less than a similarly sized company that might be losing money but is expected to grow into larger earnings.) In a post titled “Why Netflix Stock is So Volatile,” he explains that Netflix’s meteoric rise to a $300 share price drove short sellers from the stock. Then, when […]
by Scott Macaulay on Oct 25, 2011
