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Strategies & Market Trends : Value Investing
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To: E_K_S who wrote (77679)6/17/2025 8:27:31 AM
From: Elroy1 Recommendation

Recommended By
beagle57

  Read Replies (2) of 78485
 
I breezed WLY. They're a publisher of university text books? If so, it's almost a sinful industry, hopefully someone disrupts it soon. There's no reason universities need a new Calculus 1 text book each year at a cost of $120 for a hardback book. It's just a scam to make money for professors, who write a Calculus 1 textbook and then make their students buy it at outrageous prices.

The AI area you're interested in about 2-3% of sales.

WLY has been around evidently for 2 centuries, so maybe they're doing something right. But their "University" segment is ~95% of sales, so I think they're likely part of this scamming students with outrageously high unnecessesarily new hardback rather than paperback text books.

I hope they go out of business.
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