I received my third free issue of Forbes and thought I’ll do a write up on it. People do book reviews, this is a magazine review! (If you’ve been reading Moneycone, you could’ve received your free annual subscription of Forbes too!).
A Brief History Of Forbes
Bertie Charles Forbes and his partner Walter Drey started Forbes in September of 1917 under a rather strange name Forbes: Devoted to Doers and Doings. Forbes who quit as a columnist for the Hearst Newspaper, became the editor-in-chief and his partner Walter Drey, signed on as the vice president. B. C. Charles oversaw Forbes till his death in 1954. His two sons Bruce Forbes and Malcolm Forbes managed the business till 1964 when Bruce succumbed to cancer and the rest of the business was bought by Malcolm from the other stake holders.
Malcolm left his son, Steve Forbes, a 51% share of the Forbes empire and passed away in 1990. Steve, who is the current editor-in-chief has been at the helm ever since.
A typical issue, has about 30-35 full page ads out of 112-114 pages, which in my opinion is not too bad.
The ads themselves are what you would expect from a business magazine. Luxury watches, Autos, Technology, Stock Brokers, ETFs, Mutual Funds and Vision Care. You didn’t expect Forbes to be read by 18 year olds did you?
Of course, some ads are out there. I mean truly out there! There was one ad offering you a trip to circumnavigate the moon! They did choose the right magazine to advertise their services though! Forbes is known for its annual Forbes 400 Richest Americans and World’s Top Billionaires lists.
The topics covered are related to Technology, Investing, Lifestyle and Current Affairs. I liked the editorial by Steve Forbes and especially liked the last page called Thoughts, which has some quotable quotes made by the rich and the famous. That is always a good read and the first thing I read.
The Investing articles were sensible and not sensational! (No headlines like If I had to bet all my savings on one stock, I would bet on this one! ). There was no political slant in the articles even though Steve Forbes aligns himself with Republican values and has a weekly show on Fox.
Over all, it is a good, informative magazine.
That concludes my review of Forbes.
Interesting Articles From The Blogosphere
Now for a list of articles from the Blogosphere I enjoyed reading.
101 Centavos ponders his Next Dividend Stock
Crystal at Budgeting In The Fun Stuff (I love that name!) writes about what happens to any extra money at the BFS household!
Now, I’m not a football fan, nor am I a regular at John Chow but I AM a Buck fan!
Barb at BarbaraFriedbergPersonalFinance shares her secret of accomplishing more by doing less!
Will Sophie beat the Dow? Find out at Broke Professionals! (Sophie is BP’s Shetland Sheepdog!)
The Grouch at Biz of Life with some images from Wisconsin.
Robert, the DIY Investor on Performance of 5 Most Widely Held Mutual Funds
Budgeting tips from Crystal at Sweating the Big Stuff
Articles From MoneyCone Were Mentioned In These Fine Blogs
How To Save Money In Canada with a mention of my post How To Calculate Annualized Returns On Your Portfolio.
Have a wonderful week ahead!