Andrew Landeryou = Investors’ ‘kiss of death’

TS has commented previously about Landeryou’s paucity of success with business: MUSU, IQ Corp, Optima, Online Gaming Spivery Inc (Costa Rica).

His “success rate” has also extended to his officially bankrupt blog.

Now his patented ‘kiss of death’ has extended to newspapers.

New figures reveal that The Age newspaper has increased its readership; while the Herald Sun has fallen.

Since his court ordered return from Costa Rica, Landeryou has made it a personal (deluded) ambition to see the collapse of The Age; meanwhile promoting the Herald Sun at every opportunity.

Alarmed by the recent readership stats, it is no surprise that the Herald Sun has come out so strongly disassociating itself from Landeryou, slamming him as a goady gadfly.

Contrarian philosophy would suggest that if Landeryou wanted to damage The Age (given his poor business record) he would publicly endorse and support the newspaper, and like his blog, readership levels would indeed collapse.

Rene Rivkin once said (paraphrasing) if you want to make money, find an idiot, and do the opposite. Investors would be wise to do the opposite of whatever Landeryou advises. Rupert Murdoch, with the Herald Sun, appears to be now (belatedly) following that advice.

And on a related issue. Landeryou still hasn’t explained how many PBL shares he has. Obviously, enough to attend the company’s AGM in Sydney.