Chapter 8: Friction-Free Capitalism
Individuals who have achieved eminence in some field may publish their opinions, recommendations, or even worldview, in much the same way that successful investors publish newsletters. Arnold Palmer or Nancy Lopez might offer golfers the chance to read or look at whatever golf material they have found helpful. An editor who today works at The Economist might start his or her own service, and offer a digest of the news with links to text and video news accounts from a variety of sources.