Henry Blodget is the CEO and Editor-in-Chief of The Business Insider, a leading online business publication.

Blog Entries by Henry Blodget

Start Of Another 18-Year Bull Market? Don't Get Your Hopes Up

2 Comments | Posted November 9, 2009 | 01:50 PM (EST)


The longer a bull market lasts, the more bullish people get. And now that the market is seven months and 60% away from the March low, people are getting really bullish.

Specifically, people are starting to draw comparisons to 1983, the second-year of an amazing 18-year bull market that took...

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CNBC Reporter Says NYC Marathon Winner Is Only "Technically" an American

58 Comments | Posted November 3, 2009 | 11:33 AM (EST)


An insidious form of nationalism is threatening the very core of what makes this country great.

There has been an outcry of protest that Meb Keflezighi is not really the first "American" to win the New York marathon since 1982--because he was born in Africa and moved here when he...

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The Housing Crash Has Already Resumed, Say Bears

10 Comments | Posted October 29, 2009 | 12:26 PM (EST)


Investor Whitney Tilson has another take on the August house-price numbers, which sent housing bulls into spasms of glee a few days ago.

Whitney's concern is that the sequential increase in prices in August was less than the sequential increase in July. This, Whitney believes, is the start of the...

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The Full Story of How Tim Geithner Secretly Bailed Out Wall Street at Your Expense

13 Comments | Posted October 28, 2009 | 11:30 AM (EST)


When the historians finally finish sorting through the appalling decisions that have been made in the past two years, this one will probably be at the top of the heap.

Last fall, as AIG began to realize how screwed it was, it started negotiating with the counterparties to all the...

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Is Facebook a Fad?

28 Comments | Posted October 26, 2009 | 09:53 AM (EST)


Facebook is taking the world by storm.

In terms of unique users and time-spent on the site, it will likely soon be the largest web site on the planet.

What's more, the company's new "self-serve ads" (see demo below) are off to a terrific start and could end...

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Please Stop Whining About The "Death Of Journalism"

9 Comments | Posted October 21, 2009 | 11:02 AM (EST)


It's inescapable.

You can't go anywhere online these days with being affronted by yet another hand-wringing essay, speech, or diatribe about how screwed we will all be when "journalism" disappears (today's is from Leonard Downie of the Washington Post).

Of course, these tales of woe aren't really about...

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Moral of Insider-Trading Bust: Only Fools Try to Beat the Street

27 Comments | Posted October 20, 2009 | 10:16 AM (EST)


It's the myth that will never die.

Jim Cramer has made a career out of promoting it, as have countless other stock-picking gurus since the dawn of time.

What is this myth?

If only you "do your homework," analyze those financial statements, and listen to such-and-such a stock-picking...

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Jim Cramer's "Call Of A Lifetime," Revisited

23 Comments | Posted October 16, 2009 | 12:15 PM (EST)


Jim Cramer's stock "call of a lifetime" came 53 weeks ago, on October 6, 2008.

That was the day he abandoned his usual niche-network platform to implore NBC's Today show viewers to dump their stocks because the market was going to plunge another 20%. (It was already down 30%+...

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Good to Know: White House "Not Cool" With Trillion-Dollar Deficits

1 Comments | Posted October 15, 2009 | 12:16 PM (EST)


We had the White House's Christina Romer on TechTicker this week. She says the president's "not cool" with our huge deficits. She's also wisely going out of her way to make sure the president doesn't look like an out-of-touch optimistic boob.

Unfortunately, she did not offer any details about what...

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Fifteen Amazing Stock Market Charts

Posted October 14, 2009 | 12:51 PM (EST)


When it comes to the stock market, context is everything.

There's no way to really understand the meaning of the investment mantra "stocks for the long run," unless you understand how long the long run can really be.

And how long can it be?

LONG.

Japan's stock market is...

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Murdoch's MySpace Is Probably Pretty Much Worthless

33 Comments | Posted October 13, 2009 | 02:51 PM (EST)


A few years ago, Rupert Murdoch was heralded as an Internet genius.

Why? Because unlike most of his digital-dunce mogul brethren, he somehow managed to buy MySpace for only $580 million!

This "steal" was cited again and again as evidence that Rupert Murdoch had something that no other mainstream media...

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Americans Are Still Delusional About House Prices

293 Comments | Posted October 12, 2009 | 09:22 AM (EST)


The recent upturn in house prices from April to July (3.6%) is the sharpest change in direction professor Robert Shiller has ever seen. And Shiller, the dean of house-price analysis, has seen a lot.

The upturn could signal a v-shaped recovery in house prices. Or it could be the "mother...

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The Scariest Jobs Chart Ever

277 Comments | Posted October 9, 2009 | 05:14 PM (EST)


It's now official: The country has lost more jobs as a percentage of peak employment than at any time since the Great Depression.

This includes the recessions of the early 1980s, even when they are combined.

Those looking for a v-shaped recovery keep insisting that jobs will come roaring right...

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Is CBS Really Going Bankrupt?

3 Comments | Posted October 7, 2009 | 03:18 PM (EST)


Two weeks ago, CBS was flagged by Audit Integrity as one of 10 big companies at risk for bankruptcy.

This prompted an outraged denial by CBS.

Now, as the banking collapse illustrated, any time a company denies that it's about to go bankrupt, it makes sense to assume that the...

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Obama's Brilliant "Jackass" Remark Boosts Image And Plays ABC, et al

86 Comments | Posted September 16, 2009 | 08:43 AM (EST)


Lost in the huge media fracas about how President Obama called Kanye West a "jackass" and whether ABC should have reported it and whether ABC's groveling apology would restore its access to precious White House scoops is the observation that Obama played this brilliantly.

To wit:

  • Obama is way...

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Sorry, Glenn Beck's Job is Not Protected by the First Amendment

147 Comments | Posted August 20, 2009 | 10:52 AM (EST)


As expected, my call for News Corp to fire Glenn Beck over his assertion that Obama's policies are motivated by his secret hatred of white people was met with outrage by Glenn Beck fans.

Based on the hate mail I received, the pro-Beck arguments boiled down to this:

  • Beck's...
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News Corp Should Fire Glenn Beck

954 Comments | Posted August 19, 2009 | 09:45 AM (EST)


It's no surprise that advertisers are running for the hills after Glenn Beck's idiotic remarks about President Obama. Fox should now take the appropriate step and fire him.

It's one thing to attack a president's policies. It's another to brand the president a racist and say that his decisions are...

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A Second Great Depression?

68 Comments | Posted June 17, 2009 | 05:31 PM (EST)


So far, the collapse of the world economy since April 2008 has actually been worse than the rate of collapse in the Great Depression.

The main difference between now and then is that most economists expect the world economy to recover more quickly than it did in the 1930s.

...
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The TV Business Is Toast

90 Comments | Posted June 16, 2009 | 12:27 PM (EST)


The traditional TV industry -- cable companies, networks, and broadcasters -- is where the newspaper industry was about five years ago:

In denial.

There are murmurings on the edges about how longstanding business models will come under pressure as Internet distribution takes over. But, so far, the revenue and profits...

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How To Get Richer Than God

1 Comments | Posted June 12, 2009 | 03:54 PM (EST)


A lot of moguls have done the Commencement speech thing in recent weeks. Over at The Business Insider, we compiled 10 of the best of recent years.

Here's one of the most inspiring excerpts, from J.K. Rowling:

So why do I talk about the benefits of failure? Simply because failure...
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