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:
“Books of natural history aim commonly to be hasty schedules, or inventories of God’s property, by some clerk. They do not in the least teach the divine view of nature, but the popular view, or rather the popular method of studying nature, and make haste to conduct the persevering pupil only into that dilemma where the professors always dwell.”
—Henry David Thoreau (1817–1862)
“I cannot be much pleased without an appearance of truth; at least of possibility—I wish the history to be natural though the sentiments are refined; and the characters to be probable, though their behaviour is excelling.”
—Frances Burney (1752–1840)
“The reverence for the Scriptures is an element of civilization, for thus has the history of the world been preserved, and is preserved.”
—Ralph Waldo Emerson (1803–1882)