{"id":2737,"date":"2010-03-17T08:19:51","date_gmt":"2010-03-17T16:19:51","guid":{"rendered":"http:\/\/lefsetz.com\/wordpress\/?p=2737"},"modified":"2010-03-17T08:19:51","modified_gmt":"2010-03-17T16:19:51","slug":"michael-lewiskindle","status":"publish","type":"post","link":"https:\/\/lefsetz.com\/wordpress\/2010\/03\/17\/michael-lewiskindle\/","title":{"rendered":"Michael Lewis\/Kindle"},"content":{"rendered":"
\n
From: Andrew
Date: March 16, 2010 11:52:41 AM MDT
To: Bob Lefsetz
Subject: Re: Money, Power & Fame<\/p>\n

Bob –<\/p>\n

Interesting note about Lewis’ new book. There is a backlash on Amazon because the publisher has neglected to release a "Kindle version" (currently 24 negative reviews from people who have not read the book – all citing lack of a Kindle version, compared to 20 favorable reviews from people who have).<\/p>\n

Customer Reviews
The Big Short: Inside the Doomsday Machine<\/a><\/p>\n

It’s amazing how the publisher’s desire for extra profit has precluded Amazon’s most loyal market – Kindle owners. Kindle users are a group of people who are constantly checking Amazon for new releases. The irony of a book discussing Wall Street’s greed is that the greed of the publisher is killing its potential to reach the widest audience possible during a week that has consisted of non-stop promotion for Lewis with appearances on a variety of highly visible media outlets. \u00c2\u00a0<\/p>\n

all the best.<\/p>\n<\/div>\n<\/blockquote>\n

Worse is in 2007 Michael Lewis testified about the Kindle:<\/p>\n

\n
Michael Lewis discusses Amazon Kindle<\/a><\/div>\n<\/blockquote>\n

Even worse is Lewis’ lionization of derivatives prior to writing "The Big Short".<\/p>\n

\n
Kindle Bomb for Michael Lewis and The Big Short<\/a><\/div>\n<\/blockquote>\n

Lessons To Be Learned:<\/p>\n

    \n
  1. Best sellers draw attention to underlying business issues.\u00c2\u00a0 In other words, if Palm bans an app, no one cares, it’s a dying platform, but if Apple bans an app, issues of censorship are raised.\n<\/li>\n
  2. The book business, supposedly peopled by the best and the brightest, the educated and the erudite, learned absolutely nothing from the music business’ debacle.\u00c2\u00a0 The era of media companies dictating to their customers is dead.\u00c2\u00a0 First thing you do, make peace, tweet, collect feedback, establish a bond.\u00c2\u00a0 Then try and stretch people to where you want them to be.\u00c2\u00a0 But to sit in your ivory tower and dictate is a recipe for ridicule and ultimately death.\u00c2\u00a0 Talk to a new act today, if it’s peopled by real musicians, they don’t want to be on a major label.\u00c2\u00a0 That’s what ten years of the RIAA against the people will do.\n<\/li>\n
  3. Your history rides shotgun along with you.\u00c2\u00a0 Your entire online life is searchable.\u00c2\u00a0 So, if you do a 180, you’d better have a good explanation.\n<\/li>\n
  4. Stories are nurtured online these days.\u00c2\u00a0 If you think you can manipulate the mainstream press and breathe a sigh of relief, you’re wrong. What you never wanted publicized gets traction online.\u00c2\u00a0 Because if you’re wrong, there’s always a watchdog who wants to nail you, and an army behind him or her ready to join the tribe.<\/li>\n<\/ol>\n
    \n
    This story is still building, note not only the Motley Fool piece, but Peter Kafka’s at AllThingsD, where I found the above YouTube video: Michael Lewis Loves the Kindle. But Not This Week<\/a>.<\/div>\n<\/blockquote>\n

    <\/p>","protected":false},"excerpt":{"rendered":"

    From: AndrewDate: March 16, 2010 11:52:41 AM MDTTo: Bob LefsetzSubject: Re: Money, Power & Fame Bob – Interesting note about Lewis’ new book. There is a backlash on Amazon because the publisher has neglected to release a "Kindle version" (currently 24 negative reviews from people who have not read the book – all citing lack […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[9],"tags":[],"class_list":["post-2737","post","type-post","status-publish","format-standard","hentry","category-the-media"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p96vPs-I9","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/lefsetz.com\/wordpress\/wp-json\/wp\/v2\/posts\/2737","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lefsetz.com\/wordpress\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lefsetz.com\/wordpress\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lefsetz.com\/wordpress\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lefsetz.com\/wordpress\/wp-json\/wp\/v2\/comments?post=2737"}],"version-history":[{"count":1,"href":"https:\/\/lefsetz.com\/wordpress\/wp-json\/wp\/v2\/posts\/2737\/revisions"}],"predecessor-version":[{"id":2738,"href":"https:\/\/lefsetz.com\/wordpress\/wp-json\/wp\/v2\/posts\/2737\/revisions\/2738"}],"wp:attachment":[{"href":"https:\/\/lefsetz.com\/wordpress\/wp-json\/wp\/v2\/media?parent=2737"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lefsetz.com\/wordpress\/wp-json\/wp\/v2\/categories?post=2737"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lefsetz.com\/wordpress\/wp-json\/wp\/v2\/tags?post=2737"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}