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I wouldn't expect Bloomberg to represent anything honestly.

dragontamer 8y ago
I wouldn't read Washington Post for technology: I read it for politics. I don't read Bloomberg for technology news, I read it for investment news. Well, there's certainly a problem with Bloomberg's technology / cyber-attack division. But Bloomberg as a whole is one of the better investment newspapers. IMO, Bloomberg probably should just stop writing about cyber-attacks. They're clearly incompetent at that and its causing people to lose trust in the greater newspaper. But I won't go to Ars Technica to read about insider Washington politics. Its a matter of recognizing what these papers are "good" in.
- lostmsu 8y ago
  Haven't you seen that idea, that you might know some media sucks in tech, but think is ok in other stuff, because you are an expert in tech, but not in that other stuff? E.g. Bloomberg might suck in everything, but you'd only see a problem with tech.
  - dragontamer 8y ago
    I'm not an expert in finance / investing. But I think I'm good enough to see that Bloomberg has great economic analysis and breakdowns into company financials. Here are some key quotes from the article in question that demonstrate Bloomberg's research ability into financial / investment matters. > From April 2017 to April 2018, sales of Chobani products grew only 1 percent while sales by all companies in the segment slipped 2.2 percent. > The key ratio of income-to-feed costs reveals that dairy farmers have very little margin left these days, said Bill Brooks, an economist at INTL FCStone. Feed such as alfalfa and hay are more expensive than last year, as are labor and energy expenses. > The amount of milk dumped by farmers in the U.S. Northeast reached almost 145 million pounds through July—the most in at least a decade—including 23.6 million pounds that month alone. ------- These are specific statistics. And sure, they may be available from publicly available research sources, but they contribute to the article's primary thesis. Knowing what statistics seem relevant for a particular article is what Bloomberg is good at. Besides, these individual statistics are relatively easy to check. The main benefit of Bloomberg is their ability to collate various information sources together into a singular article.
  - Cyphase 8y ago
    You're referring to the Gell-Mann amnesia effect: https://en.wikipedia.org/wiki/Gell-Mann_amnesia_effect https://en.wikipedia.org/wiki/Gell-Mann_amnesia_effect
dang 8y ago
We detached this subthread from https://news.ycombinator.com/item?id=18268036 https://news.ycombinator.com/item?id=18268036 and marked it off-topic.

I wouldn't read Washington Post for technology: I read it for politics. I don't read Bloomberg for technology news, I read it for investment news. Well, there's certainly a problem with Bloomberg's technology / cyber-attack division. But Bloomberg as a whole is one of the better investment newspapers. IMO, Bloomberg probably should just stop writing about cyber-attacks. They're clearly incompetent at that and its causing people to lose trust in the greater newspaper. But I won't go to Ars Technica to read about insider Washington politics. Its a matter of recognizing what these papers are "good" in.

lostmsu 8y ago
Haven't you seen that idea, that you might know some media sucks in tech, but think is ok in other stuff, because you are an expert in tech, but not in that other stuff? E.g. Bloomberg might suck in everything, but you'd only see a problem with tech.
- dragontamer 8y ago
  I'm not an expert in finance / investing. But I think I'm good enough to see that Bloomberg has great economic analysis and breakdowns into company financials. Here are some key quotes from the article in question that demonstrate Bloomberg's research ability into financial / investment matters. > From April 2017 to April 2018, sales of Chobani products grew only 1 percent while sales by all companies in the segment slipped 2.2 percent. > The key ratio of income-to-feed costs reveals that dairy farmers have very little margin left these days, said Bill Brooks, an economist at INTL FCStone. Feed such as alfalfa and hay are more expensive than last year, as are labor and energy expenses. > The amount of milk dumped by farmers in the U.S. Northeast reached almost 145 million pounds through July—the most in at least a decade—including 23.6 million pounds that month alone. ------- These are specific statistics. And sure, they may be available from publicly available research sources, but they contribute to the article's primary thesis. Knowing what statistics seem relevant for a particular article is what Bloomberg is good at. Besides, these individual statistics are relatively easy to check. The main benefit of Bloomberg is their ability to collate various information sources together into a singular article.
- Cyphase 8y ago
  You're referring to the Gell-Mann amnesia effect: https://en.wikipedia.org/wiki/Gell-Mann_amnesia_effect https://en.wikipedia.org/wiki/Gell-Mann_amnesia_effect

dang 8y ago

We detached this subthread from https://news.ycombinator.com/item?id=18268036 https://news.ycombinator.com/item?id=18268036 and marked it off-topic.