Even Mexican billionaire Carlos Slim knows that the New York Times is quickly turning into nothing more than bird cage liner, fish wrap material or toilet paper. Carlos Slim held a press conference today, praising Trump for his negotiating skills and also announced his dumping his share of New York Times stock. Slim has actually been dumping his shares for quite awhile, but today Slim felt the need to announce it publicly. That’s how bad things are for the left wing propaganda crap of the New York Times.
| Carlos Slim dumping shares of New York Times stock |
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If Carlos Slim sells all New York Times shares, they are finish. President Trump is smart to kill two with one shot. Mexico and NY Times. https://t.co/gQaL4ch6xE
— Mustang_Trump (@RajLDO) January 27, 2017
FLASH: NYTimes' largest shareholder, Mexican billionaire Slim, says he's been selling shares for some time; $NYT falls to session low -CNBC pic.twitter.com/FiLoIqFAUB
— Breaking911 (@Breaking911) January 27, 2017
Smart businessmen like Carlos Slim know that when a product is on it’s way out and people aren’t believing it anymore, it’s time to get out.
BREAKING: NYTimes' largest shareholder, Mexican billionaire Slim, says he's been selling shares for some time; $NYT falls to session low pic.twitter.com/YHXNwgk1VI
— CNBC (@CNBC) January 27, 2017
When a business models of left wing bias continues to fail, as has been proven by CNN and other left wing newspapers it’s time to get out. The New York Times is a relic in this world. The Internet will eventually replace all newspapers sometime in the next decade. Smart of Carlos Slim not to wait any longer.