Media arbitrage

Discussion in 'Investing' started by TomB16, Mar 6, 2024.

  1. TomB16

    TomB16 Well-Known Member

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    It's hilarious how incompetent, negligent, and biased the media is. At the same time, it is horrifying to realize how many people rely on media streams for news in sound byte form. They are more concerned with brevity than accuracy and just about everyone will say that straight out.

    This morning, I was reading a Reuters article on BYD price cuts. It was a breaking news type article. I was thinking, "I knew this information three weeks ago and shared it 10 days ago. Reuters is just rolling around to mentioning it now?"

    Reuters are incompetent clowns, compared to TomB16. Reuters is my bitch. So is Bloomberg and the rest. I don't know what's going on at CNBC but its neither news nor coherent thought. CNBC is a joy buzzer with a word salad ticker.

    It is getting increasingly difficult to resist trading on this information. I'm sitting on a couple of gems right now that seem like they would allow me to buy a fresh loaf of bread to feed the pigeons at the landfill where I live.

    This is a solicitation and a request from a friend. I am asking you directly to talk me out of this hubris induced notion to trade a couple of these ideas and see what happens. Please. I'm begging.
     
  2. TomB16

    TomB16 Well-Known Member

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  3. TomB16

    TomB16 Well-Known Member

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    I'm reading about the Alaska Airlines / Hawaiian Airlines merger and the outright lies are almost too much to comprehend.

    They are presenting it as a huge win for people of both Alaska and Hawaii because both will now have hundreds of additional destination opportunities. The truth is, there will be zero additional destination opportunities. At least, initially. Who knows what will happen long term.

    They aren't even going to rebrand under one name so you will still need to buy both Alaska and Hawaiian flight tickets to traverse between the two networks. The only difference is perhaps they will allow purchase of both tickets under a single web portal, without having to go to a ticket broker like everyone does, anyway.
     
  4. TomB16

    TomB16 Well-Known Member

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    We don't need any more data points to see the trend in media reporting accuracy but I find this mildly amusing.

    Forbes posted an article that AMD's 9000 series CPUs will be 40% faster than 7000 series.

    https://www.forbes.com/sites/antony...than-current-ryzen-7000-cpus/?sh=3dc7e050b6a0

    Of course, this is total bologna.

    AVX-512 instructions are expected to be 30~40% faster on Zen 5 than on Zen 4. Some of that will be process improvements.

    AVX-512 instruction improvements will speed niche processing, such as video transcoding.

    Overall performance gain will be closer to 7~8%.

    Zen 6, expected by mid 2025, will gain a nice boost from the N3P process and it is expected to double core count. Add in the typical 5% IPC boost per generation (wildly speculated) and you have 12~14% gain.
     
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  5. roadtonowhere08

    roadtonowhere08 Well-Known Member

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    40% seems very high. I'm going to guess the generational speed increase to be (assuming same clocks) about 15-20%. Still great gains.

    Personally, I want more PCIe lanes and more RAM channels without paying insane TR prices.
     
  6. TomB16

    TomB16 Well-Known Member

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    I thought I would circle back and point out that you nailed this. Kudos, RtN. :thumbsup:
     
  7. TomB16

    TomB16 Well-Known Member

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    I hope this post triggers some discussion. I'd like to get a feel for people's point of view on this and would appreciate feedback. Thank you.

    Tom's gut feel, media truthfullness:

    Completely made up lies: 5%
    - example: Tesla demand problems, a sadly large portion of COVID coverage, reports of iPhone availability delays, etc.

    Stories based on truth with enough bias to be false: 40%

    Stories that are close enough to factual to be true (true objectivity is impossible so lets give media a little wiggle room): 55%


    Caveats: I do not include the smallest media outlets in this nor do I include partisan media outlets. For example, anything coming out of Truth.org is going to be BS. Meanwhile, there are sites like WccfTech which are admirably accurate and reliable. Corporate news releases vary by organization but many organizations spew nothing but crap.
     
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  8. Rayak

    Rayak Active Member

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    What is/was truth.org? I tried to go there, but it is a dead website with a landing page.

    http://truth.org/

     
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  9. Smokie

    Smokie Well-Known Member

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    I think your numbers are quite conservative TB16…but somewhat fair:). The issue today is things can be put out there and rarely checked by any other source. We must do it on our own and sift through even more BS to get to the bottom of it.

    Rayak…that is funny, even if not meant to be. You are not missing anything not knowing either:)
     
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  10. roadtonowhere08

    roadtonowhere08 Well-Known Member

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    Everyone is selling something. Cast a huge net, weed out the demonstrably/habitually biased/wrong nonsense, and balance the remaining aggregate against a "who benefits from what" mindset. Throw in a healthy dose of George Carlin, and you pretty much have the world as it really is.
     
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  11. TomB16

    TomB16 Well-Known Member

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    Here's something that may not be 100% factual...

    Good job, Mary Barra! You electrified the entire auto industry! :thumbsup:

     
  12. Rayak

    Rayak Active Member

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    No, not meant to be funny. I honestly don't know. When I search "truth.org", all I get is references to an anti-smoking website/organization.

    It must have been something so controversial that it's been scrubbed from the search engines...?

     

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