Comments on: Four Pillars: The Power of Words: Lakoff meets Surowiecki? http://confusedofcalcutta.com/2006/06/04/four-pillars-the-power-of-words-lakoff-meets-surowiecki/ a blog about information Mon, 06 Feb 2012 01:37:12 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Dan O'Reilly http://confusedofcalcutta.com/2006/06/04/four-pillars-the-power-of-words-lakoff-meets-surowiecki/comment-page-1/#comment-363 Dan O'Reilly Mon, 05 Jun 2006 14:34:29 +0000 http://confusedofcalcutta.com/2006/06/04/four-pillars-the-power-of-words-lakoff-meets-surowiecki/#comment-363 IMVHO most financial media with objectivity as a goal (WSJ, Reuters, etc.) tend to get most of the story explaining the outliers correct, although their lapses do create interesting market opportunities where Tetlock's observation about reversion to fundamentals is more pronounced. One should distinguish between the objective media and the entertainment segment (e.g. Mad Money) which is clearly trying to generate a market impact (and doing quite well in that regard). IMVHO most financial media with objectivity as a goal (WSJ, Reuters, etc.) tend to get most of the story explaining the outliers correct, although their lapses do create interesting market opportunities where Tetlock’s observation about reversion to fundamentals is more pronounced.

One should distinguish between the objective media and the entertainment segment (e.g. Mad Money) which is clearly trying to generate a market impact (and doing quite well in that regard).

]]> By: John http://confusedofcalcutta.com/2006/06/04/four-pillars-the-power-of-words-lakoff-meets-surowiecki/comment-page-1/#comment-360 John Mon, 05 Jun 2006 07:40:37 +0000 http://confusedofcalcutta.com/2006/06/04/four-pillars-the-power-of-words-lakoff-meets-surowiecki/#comment-360 I'm with Taleb on this one: here he is explaining how journalists fit post hoc explanations.... http://www.smartmoney.com/theproshop/index.cfm?story=20051110&pgnum=2 IMHO, most journos are lazy and wilfully ignorant. I live among them in North London, and I'm constantly shocked by their lack of curiosity, and readiness to peddle their own unexamined prejudices. Recently, the Evening Standard city editor irritated me... http://etrading.wordpress.com/2006/05/30/hello-world/ I’m with Taleb on this one: here he is explaining how journalists fit post hoc explanations….

http://www.smartmoney.com/theproshop/index.cfm?story=20051110&pgnum=2

IMHO, most journos are lazy and wilfully ignorant. I live among them in North London, and I’m constantly shocked by their lack of curiosity, and readiness to peddle their own unexamined prejudices.
Recently, the Evening Standard city editor irritated me…

http://etrading.wordpress.com/2006/05/30/hello-world/

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