Sometimes band’s can’t change their sound successfully and in that case they shouldn’t. Who would want to see AC/DC make a dubstep album? Nobody. And that’s fine, AC/DC understands this and keeps putting out solid power chord rock to a niche market. Angus and the boys know what they are good at and won’t put their capital into a market that wouldn’t be profitable and hurt their sales with existing customers. This is a good thing. If you can’t adapt, don’t, stick to what you are good at.
It’s almost as if Ballmer looks at CNET once a year to see what product category is hot and acquires a new company or starts an internal division to catch up, regardless of any economic analysis. *(Watch for more cloud computing purchases in 2012.)
Welcome to our latest issue of issue of ValueWalk’s hedge fund update. Below subscribers can find an excerpt in text and the full issue in PDF format. Please send us your feedback! Featuring Andurand's oil trading profits surge, Bridgewater profits from credit, and Tiger Cub Hedge Fund shuts down. Q1 2022 hedge fund letters, conferences Read More