Graham's Intrinsic Value formulas allow for P/E ratios of 30 - or more - based on current bond yields.
Utilities and Financials - unlike Industrials - are evaluated using Total Assets and Equity÷Debt, instead of Sales and Current Assets.
Blogs will never make any money, but businesses do.
So if you can’t build a product and use your blogs as a promotional tool you can never make a passive income from online businesses.
I use it because I love to write and if I make a couple of bucks off of it, that's better than nothing at all for me. I think the reason why some considered it as a scam is simply because they are strict with their rules (especially about plagiarism).