Disappointed in my Eminem shares - dropping rather badly. Reasonable gains in Gwyneth Paltrow and Chris Martin (who gain some column inches due to breaking up). Glad I grabbed some Alex Ferguson shares though - up 11% since purchase. Even Charlotte Church has gone up 5%. [Kneecapping] Isn't that when you get over one million, they give you a boat icon and knock your cash back to 10000?
An interesting thing about this market is that they have set up a (real, cash) reward for the person who gets the best weekly improvement in their portfolio. If people are motivated by this reward, rather than the fictional one of wanting to have a high-valued portfolio, then they will adopt very different trading strategies. For example, if you want a chance for the cash prize, you should be going for very high-risk investments, since you don't care about the downside if they go through the floor, but they give you the best chance of the (real, cash) upside.
The Brit Awards have been going on tonight looking at the list of winners I am little suprised at the industry bemoaning poor record sales. I put this down to the companies here pandering to the short term pop idol market which does not create a large fan base or following. I do have faith that there are good performers and songwriters out there which is why I am pleased to see awards for Coldplay and Ms Dynamite. The award ceremony being notable from the list of major absentees BRITISH MALE SOLO ARTIST Robbie Williams, BRITISH FEMALE SOLO ARTIST Ms Dynamite,BRITISH ALBUM Coldplay: Rush of Blood to the Head,BRITISH GROUP Coldplay Parlophone,BRITISH SINGLE Liberty X: Just A Little,BRITISH URBAN ACT Ms Dynamite,BRITISH DANCE ACT Sugababes,BRITISH BREAKTHROUGH ARTIST Will Young,POP ACT Blue, INTERNATIONAL MALE SOLO ARTIST Eminem,INTERNATIONAL FEMALE SOLO ARTIST P!nk,INTERNATIONAL ALBUM Eminem: The Eminem Show,INTERNATIONAL GROUP Red Hot Chili Peppers,INTERNATIONAL BREAKTHROUGH ARTIST Norah Jones,OUTSTANDING CONTRIBUTION TO MUSIC Tom Jones V2
Ms Dynamite - not convinced. Seems to be able to rap, but can't sing for toffee. The chorus for her song Miss Dynamite-ee-eeee or whatever is nabbed from somewhere else (forget where now), and the backing vocals are nicked from 'Pass the dutchie on the left hand side' (no joke). Robbie Williams was a surprise, especially considering the quality (or lack of) of his last album. Liked Swing when you're winning though. Eminem. Well, I'm just not going to go there. Tom Jones - yay. Norah Jones, well I fancy her, and her the bits of songs that I've heard are good as well. Will Young. Hmmmmmmmmmm. Coldplay - could be worse. Sugababes - well, would have gone for Jamiroqui myself, but I haven't a clue what Sugababes have done. Red Hot Chili Peppers - aren't they like years old? Or am I getting mixed up? Blue - who? Liberty X - don't care.
Thus spake the classically changed musician who knows nothing about popular culture :)