Anybody in here ever catch a TV show called South Park? I know Adam must, because he's a Canadian, and in South Park Canadians all look funnier than they talk. We've also gone to war with them at least once. Back when the show used to be funny, they did a show on The Underpants Gnomes. You see, these midgets are geniuses, masters of business. Their over-arching game plan was: Step 1: Steal underpants
Step 2: ???
Step 3: Profit
The Motley Fool is an investment magazine - great reading if you can't fall asleep one night. But a couple years ago, a friend sent me to an article they wrote on that episode of South Park, saying how there's a deeper message in there, that would explain things like the dot com bubble bursting, or the current sub-prime and credit problems. Essentially: People come up with what sounds like a great idea, don't think it all the way through, and bet on the wrong horse.
That applies to web site operators, arguments with the wife, pretty much anything you could do. If it was just about finance I wouldn't have finished the article, but I've been checking The Motley Fool out ever since. Not religiously, but from time to time.
Anyway, Netflix is a special internet company, like Amazon ( the first place I - probably most of us - bought anything from online ) or Napster. They were actually revolutionary. For better or worse. So when I came across this article called "End of the Line for Netflix?" I thought it was pretty interesting, even if I stopped using Netflix because they throttled us back and Blockbuster wound up being more convenient.
http://www.fool.com/investing/genera...r-netflix.aspx |
