History
Entrepreneur and stockbroker William O'Neil founded the newspaper in 1984 to "offer information not available in The Wall Street Journal and other publications" for "investors and business executives who did not have time for two and three section papers each day." It also provided investor education through its Investor's Corner, the Big Picture, and online resources. The information provided expands on William O'Neil's previous books. IBD includes several written sections that detail companies and news of interest. The New America and Internet & Technology sections highlight companies that may be desirable for the newspaper's readers. The newspaper's opinions and analysis of global and national events are highlighted in the Editorials and Opinion section.
In 1991, the publication's name was changed from Investor's Daily to Investor's Business Daily. Ten years after founding, it had a paid circulation of 149,557, with a claimed "total readership" of 850,000 (also phrased as "nearly 1,000,000 readers"), though in 2002, the Los Angeles Business Journal said that it has not been a moneymaker, and had had a decline in ad spending, though other O'Neil companies had done well.
Read more about this topic: Investor's Business Daily
Famous quotes containing the word history:
“Considered in its entirety, psychoanalysis wont do. Its an end product, moreover, like a dinosaur or a zeppelin; no better theory can ever be erected on its ruins, which will remain for ever one of the saddest and strangest of all landmarks in the history of twentieth-century thought.”
—Peter B. Medawar (19151987)
“The history of all hitherto existing society is the history of class struggles.”
—Karl Marx (18181883)
“... in a history of spiritual rupture, a social compact built on fantasy and collective secrets, poetry becomes more necessary than ever: it keeps the underground aquifers flowing; it is the liquid voice that can wear through stone.”
—Adrienne Rich (b. 1929)