It sounds as potent as Outliers.
Seth Godin has been absolutely killing it lately*.
- Why do we care about football. I am critical of “Sports Worship”, but Seth discusses it without being critical. Even better.
- A diet for your mind
- Paracosms, loyalty and reality in the pursuit of creative problem solving. The article is more capitvating than the title.
- For the one person who didn’t get the joke What you do is not going to be for everyone. No matter what it is you do.
(*By lately, I really mean: everyday for the past six years.)
He’s called “The World’s Greatest Blogger” because he is. And more.
APPLE. Apple’s stock is at its
52-week all-time high.
FACEBOOK. Facebook is down again today to a new low. I think they are still over-valued. Their market capitalization is $41 billion, and I don’t think they’re a $41 billion company. That would mean, all things equal, that they make 15 times less profit than Apple Computer. Except they don’t. They make almost 60 times less profit. (last quarter: Apple, $11.6 billion. Facebook, $205 million)
AMAZON. In related news: Amazon.com’s P/E ratio. Have you seen it? 295. Unbelievable. And unsustainable. No investors are that optimistic. What’s going on here?
SETH GODIN and PROGRESSIVE INSURANCE. I’ll stop saying it when it stops being true: but Seth Godin has the best page on the Internet. Today he discusses what Progressive Insurance did recently. My favorite line from his post today:
“They bet on short memories and the healing power of marketing dollars, commercials and discounts.”