Jump ahead to 2:15
John Gerzema, Chief Insights Officer for Young & Rubicam, and author of The Brand Bubble: The Looming Crisis in Brand Value and How to Avoid It, appeared live on Bloomberg to argue for brands.
He said, “brand value actually represents one third of the market value of the S&P 500 (up 80% in three decades), so brand value is essentially shareholder value.” He also said the best brands–Nike, Apple, Nordstrom–have achieved “energized differentiation” which allows them to “escape their categories.”
So much about brands…why have I got this feeling…and I’ve had it since I ever got to learn a bit about the stock Market..why do I get this feeling that the whole Securities Trading adventure is one giant Ponzi scheme. Forget Mardoff’s billions…I mean the whole damn system. NySE,Nasdaq,LSE,Tokyo. Somebody convince me otherwise.