How things get exaggerated in media
1 Sep
This headline just made me laugh so hard….(and don’t you DARE question why I even clicked on this link)!
This article in CNN claims something dramatic:
The popstar Justin Bieber Crashes His Ferrari! OH NO!
But read the article and it shows how retardedly-exaggerated the headline is:
It reminds me of when I used to stock day-trade in college. I’d wake up early every morning to watch the stock market open on CNBC…..and EVERYDAY it would flip-flop between either:
‘OOOMMMGGGG THE STOCK MARKET IS CRASSSSHIIINGGG!!!!”
-or-
“AMERICA IS SO GREAT WE HAVE THE BEST ECONOMY EVERRR STOCKS GOING UP UP UP!!!”
“Think before you believe”















Health reporting is the worst for this. A study shows a weak correlation between X and Y and the media report is either: X causes Y! Or X cures Y!
As Warren Buffett said: The market on the short run is a voting machine, and on the long run is a weight machine.
Sorry for my bad english.
That’s actually a great quote :-)