Blogging for Gold

Kent Thune of The Financial Philosopher offers this assessment of bloggers:

With well over 100 million blogs on the Internet today, the statistical likelihood of earning big money writing in a blog is not much better than playing the lottery. There are, however, millions of people who enjoy creating blogs and are quite confident (or delusional, depending upon the particular case) that their writing and marketing skills, combined with incredible luck and timing will enable them to strike it rich. These are the gold diggers.

Indeed, we bloggers are digging for gold…

Source: Thune, K (2010, June 30), Dig for Gold, Sell Shovels (or Neither)? The Financial Philosopher.