Wednesday, June 1, 2011

Garbage. Financial Media. But I repeat myself.

Much of what we do at this center is to distill input, discarding 90% as noise.

Case at point: This pm, CNBC - "Horror for US Economy as Data Falls Off Cliff"

Pure tabloid!

Yet the masses are exposed to this stuff, and many take it as gospel.

Don’t. It’s for the sake of headlines, not for the sake of anything substantive.
 
Robert Craven

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