#1 2018-02-11 11:59:36

Actually, here's one that Trump probably CAN legitimately take credit for:

NY Times subscription revenue tops $1B in 2017

http://thehill.com/sites/default/files/styles/thumb_small_article/public/blogs/nyt.jpg

The New York Times Company's subscription revenues exceeded $1 billion in 2017 thanks in part to a strong growth in digital subscriptions.

The 166-year-old company reported strong fourth-quarter earnings and revenues on Thursday that easily surpassed expectations.

http://thehill.com/homenews/media/37299 … 1b-in-2017

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#2 2018-02-11 13:10:47

The Hill, 2017-12-20: Mexican billionaire Carlos Slim sells off half of NY Times shares

The New York Times's largest shareholder, Mexican telecommunications billionaire Carlos Slim, sold half of his common stock and warrants in the company, valued at about $240 million, on Tuesday.

Slim provided a $250 million loan to the newspaper back in 2009 with the company struggling following the 2008 recession. The newspaper paid the loan off six years ago, but Slim exercised his option on warrants to purchase shares at a discounted price.

Mexico's richest man and the sixth-richest in the world according to Forbes's [made] a considerable profit after New York Times stock has risen about 40 percent in 2017 alone.

Despite the sell-off, Slim, 77, appears to still be the second-largest shareholder of the company.

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#3 2018-02-11 13:29:03

choad wrote:

The Hill, 2017-12-20: Mexican billionaire Carlos Slim sells off half of NY Times shares

The New York Times's largest shareholder, Mexican telecommunications billionaire Carlos Slim, sold half of his common stock and warrants in the company, valued at about $240 million, on Tuesday.

Slim provided a $250 million loan to the newspaper back in 2009 with the company struggling following the 2008 recession. The newspaper paid the loan off six years ago, but Slim exercised his option on warrants to purchase shares at a discounted price.

Mexico's richest man and the sixth-richest in the world according to Forbes's [made] a considerable profit after New York Times stock has risen about 40 percent in 2017 alone.

Despite the sell-off, Slim, 77, appears to still be the second-largest shareholder of the company.

#1 rule of investing:  Keep your powder dry until the market bottoms and then leverage the hell out of it.  Reap your profit, clear your leverage and then hold your position.

I've seen too many funds fail to the greed of putting every single penny to work no matter how leveraged.

Last edited by Emmeran (2018-02-11 13:30:44)

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#4 2018-02-11 13:49:18

Emmeran wrote:

choad wrote:

The Hill, 2017-12-20: Mexican billionaire Carlos Slim sells off half of NY Times shares

The New York Times's largest shareholder, Mexican telecommunications billionaire Carlos Slim, sold half of his common stock and warrants in the company, valued at about $240 million, on Tuesday.

Slim provided a $250 million loan to the newspaper back in 2009 with the company struggling following the 2008 recession. The newspaper paid the loan off six years ago, but Slim exercised his option on warrants to purchase shares at a discounted price.

Mexico's richest man and the sixth-richest in the world according to Forbes's [made] a considerable profit after New York Times stock has risen about 40 percent in 2017 alone.

Despite the sell-off, Slim, 77, appears to still be the second-largest shareholder of the company.

#1 rule of investing:  Keep your powder dry until the market bottoms and then leverage the hell out of it.  Reap your profit, clear your leverage and then hold your position.

I've seen too many funds fail to the greed of putting every single penny to work no matter how leveraged.

When the market's greedy, be scared.  When the market's scared, be greedy.

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