You're listening to A Book with Legs, a podcast presented by Smead Capital Management.

At Smead Capital Management, we advise investors who fear stock market failure.

You can learn more at Smeadcap.com or by calling your financial advisor.

Welcome to a book with legs podcast. I'm Cole Smead, CEO, and portfolio manager here at

Smead Capital Management. At our firm, we are readers, and we believe in the power of books to help shape

informed investors. In this podcast, we speak to great authors about their writing. The late,

great Charlie Munger prescribed using multiple

mental models and analysis. We analyze their work through the lens of business, markets, and people.

Thank you for our listeners joining us for this episode of the podcast. We are going to look back

on the history of an industry. And I would ultimately argue we are going to ask ourselves

questions about the soul of commerce,

the soul of the information in stock markets, and really the soul of America.

Chris Roush is joining us to talk about his recently released book, The Future of Business Journalism.

Chris wrote for the Sarasota Herald Tribune, the Tampa Tribune, Businessweek magazine,

the Atlanta Journal Constitution, Bloomberg News, and SNL Financial, where he was editor-in-chief

and launched insurance investor magazine.

In 2010, he was named the Journalism Teacher of the Year by the Scripps Howard Foundation

and the Association for Education and Journalism and Mass

Communication. Chris, thank you for joining me. Thank you so much for having me. It's a pleasure

to talk about this topic. So you've been a journalist, an academic, and an author. What inspired

you to write this book? Well, I had written a book back in late 2007, 2008 that was basically a

history of business journalism called profits and losses. And it basically looked at how

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