Later in the morning television host and author of the just-released Get Rich Carefully Jim Cramer provided an investment view of publishing and the larger media landscape. Extending the morning’s discussion, he said, “I simply don’t know how to stop Amazon. It’s not constrained by the need to make money. It’s modern art. It’s Jackson Pollock. It can’t be explained. It’s a Rothko, and everyone else is Rembrandt — and everyone else is worth a lot less.” At the same time, Cramer noted, “it is the best multi-year growth story out there.” Ironically, because the share price is fueled by […]
