> $$$s to be gained. A large number of people read finance blogs because they think they themselves make money with the knowledge therein
Levine's blogs aren't geared to this audience. The pitch is simpler: people in finance have money and the people with the most money in finance tend to enjoy (or at least spending way too much time) thinking about finance. (I'm in finance and I'm good at it.)
If I could pay for Matt Levine separately from Bloomberg, I would. Not because I expect to profit off it. But because it's fun, informative and once in a while helps me explain something to someone else (usually a friend) more concisely.
I didn't mean to imply anything about Matt Levine or his financial well-being. I'm all about supporting people who I believe in, and personally I appreciate uos writing.
I'm less in favor of propping up inefficient organizations as a byproduct. Bloomberg is a bit sus at this point, I'm not clear on whether the top has your and my best interests at heart.
Levine's blogs aren't geared to this audience. The pitch is simpler: people in finance have money and the people with the most money in finance tend to enjoy (or at least spending way too much time) thinking about finance. (I'm in finance and I'm good at it.)
If I could pay for Matt Levine separately from Bloomberg, I would. Not because I expect to profit off it. But because it's fun, informative and once in a while helps me explain something to someone else (usually a friend) more concisely.