One of my favorite business blogs is Deep Capture, a ragtag group of what appears to be volunteers, a couple of journalists on the run, and a force of nature CEO, Patrick Byrne.
Byrne has created quite a group of ardent fans amongst Wall Streeters and the scribes who feed from them. This fellow, who has devoted years and 90% of his recent journalism to Byrne, seems particularly enamoured with him. Deep Capture is over the top, as many expose' blogs try to be, although this one was recently shut down by a Canadian court decree, so it has that going for in the drama department.
I've watched Byrne over the years become a political pundit on television, as well as in his local papers. I can't say I agree with his politics, or invest in his current company, Overstock.com, which appears to be on cruising speed on a service road next to the Amazon highway.
Byrne has been breaking even for quite some time; perhaps it's time to move on to something he appears to be enthusiastic about: investigative journalism. I'm sure Overstock is a nice little business providing a good living for hundreds of fine Utah folk. But this season's left-over ski goggles can be peddled by someone a lot more boring.
(Note: This blogger has no investments in any of the companies mentioned here)
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