For the past 6 months, my living room T.V. has been held hostage by everyone in my house watching 90 Day Fiancee. I tried watching one episode and thought there must be something wrong with the water supply in my house. There is no way that anyone, not being poisoned, could watch this. So, I accepted that it may be a genetic error in my household. That said, as I am speaking with other people, they are all talking about the show. Even my favourite talk radio shows are discussing it! So obviously, I am wrong, at least for the short-term. But, will this last? Is 90 Day Fiancee the next 60 minutes or the next Simpsons? I doubt it.
This not only happens with TV shows, but with music too. I hear something and think “how is this getting air play?”. More often than not, these songs are usually short lived. After 6 months of play, they are off the air, never to be heard again – thank goodness. I understand, not every band will be the next Beatles, and there are great new musicians that will last. However, I can hear songs and know which ones will not make it and typically, they do not.
Now, we are in a situation where the stock market is going crazy with high priced, growth stocks. We have all seen this play before, and we know how it ends. At a certain time, common sense will prevail and people will realize that companies need to make money to survive. Paying 100 times earnings for a stock will not provide you with a good return, going forward. That being said, my TV still gets tuned into 90 Day Fiancee three days a week. So, what do I know?