Rupert Murdoch gets Dow Jones

This is the kind of news that makes me think I am really out of touch. Is it a big deal? It must be for $5 billion dollars, does it impact me, I don’t know.

If you read up on Rupert Murdoch you may or may not like what you learn. He sounds like a tyrant, but, at the same time I know I like some of the companies that he owns. So it is hard to say what the impact is. For a simple man like me I wonder what drives a 76 year old billionaire to continue buying up anything. You can’t take it with you, and you already have enough to leave your family so they can become the next batch of spoiled rich kids with no regards to working their way through things.

So why?

Is it just the game?

Wednesday, August 1st, 2007

One Response to “Rupert Murdoch gets Dow Jones”

  1. John Singer says:

    For all the crap that Jim Cramer gets, I bet he’s revelling in his win here. He’s been speculating on this outcome since May http://www.stocktagger.com/2007/07/cramer-speculates-on-higher-price-for.html

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