Friday, October 6, 2006

Mark Cuban, ONA Conference Keynote


Headline:
YouTube is toast (when copyright holders decide to enforce their rights)
Subhead:
Google would be crazy to buy YouTube (or moronic, as Cuban subsquently blogs)

Best line of questioning:
Does it pass the smell test to:
  1. do private research into a tradeable company,
  2. take a position in that company based on your private research that will likely result in a gain if the facts were disclosed,
  3. disclose the information and simultaneously,
  4. disclose that you have taken a position for the purpose of making a gain,
thus creating, end to end, the conditions to benefit financially from the research you commissioned?

Best question after the event:
"Wasn't that a keynote Cuban was supposed to deliver?"

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