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Unmasking the Men Behind Zero Hedge

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Re: Unmasking the Men Behind Zero Hedge

#51

Post by base698 »

jazzyk wrote: post #46
tobltobs wrote: post #32

Earlier quoted context omitted.

"ZH focuses on facts". Seriously? >They also report rumors ahead of everyone else, which seem implausible, but later turn out to be facts ... Sure, if you spitting out rumors all day there will be one or two cases per year where you hit a nail.

Example of focusing on facts: 1. The government releases a report with an important indicator looking good 2. Mainstream Media cheers, telling us how good we have it 3. ZH looks at the report and notices that: - the number was "seasonally adjusted" once, then again - the number will be revised down, a month later usually on a late Friday at happy hour - pesky details: employment growth is in part-time, minimum-wage j…

Do you have any good links for the employment posts on ZH? I was telling someone about that recently then couldn't find it.

Re: Unmasking the Men Behind Zero Hedge

#52

Post by tptacek »

tomp wrote: post #40
alistproducer2 wrote: post #35

Earlier quoted context omitted.

>I think that the authors have no problem with authoritarianism Like any conspiracy site, it's going to attract people who share a view of the world in which everything must be orchestrated, controlled - a reason for all things. Randomness has no place in the mind of a conspiracy theorist. The order provided by conspiracies comfort the conspiracy theorist: paradoxically making the world feel safer, more ordered while…

So, all people who were saying that NSA is spying on the whole internet (before Snowden, that was the conspiracy) were secretly authoritarian?!

No, the spying the NSA does on the Internet falls more into the category of "worst kept secrets" than "conspiracy theories".

Re: Unmasking the Men Behind Zero Hedge

#53

Post by didjdjjdjf »

alistproducer2 wrote: post #35
maze-le wrote: post #16

I stopped reading this site some years ago. It had, and probably still has some interesting opinins and analysis. Most content is pretty far fetched / sensationalist, but if you have your grain of salt, this is not a problem, since most media outlets do this in one form or another. About 2 years ago the tenor of the publications shifted from libertarian to more and more reactionary (bordering on proto-fascist). When…

>I think that the authors have no problem with authoritarianism Like any conspiracy site, it's going to attract people who share a view of the world in which everything must be orchestrated, controlled - a reason for all things. Randomness has no place in the mind of a conspiracy theorist. The order provided by conspiracies comfort the conspiracy theorist: paradoxically making the world feel safer, more ordered while…

What's sad is no matter how often people like you are proven wrong you'll just keep on repeating the same bullshit.

I recall HN saying gold market manipulation was conspiracy theory, ZH was right HN commenters were wrong.

There's a long list but when it comes to finance HN commenters are typically poorly educated.

Re: Unmasking the Men Behind Zero Hedge

#54

Post by alistproducer2 »

tomp wrote: post #40
alistproducer2 wrote: post #35

Earlier quoted context omitted.

>I think that the authors have no problem with authoritarianism Like any conspiracy site, it's going to attract people who share a view of the world in which everything must be orchestrated, controlled - a reason for all things. Randomness has no place in the mind of a conspiracy theorist. The order provided by conspiracies comfort the conspiracy theorist: paradoxically making the world feel safer, more ordered while…

So, all people who were saying that NSA is spying on the whole internet (before Snowden, that was the conspiracy) were secretly authoritarian?!

No. I'm speaking about people who spend most of their time online on conspiracy sites. I should know, I used to be one of them. I was 17 when 9/11 happened and spent most of the early 2000's reading about lizard people, the Illuminati and the bilderberg group. I'm ashamed to admit it, but once upon a time I was a daily reader of Alex Jones.

There are conspiracies. They exist. But I'm mostly speaking to the mindset of a person who completely immerses themselves in conspiracy theory as a way of life.

Re: Unmasking the Men Behind Zero Hedge

#55

Post by fweespee_ch »

> (Bloomberg LP competes with Zero Hedge in providing financial news and information.)

Does anyone else feel this is particularly generous?

ZeroHedge is borderline conspiracy theorist nonsense surrounded by occasionally correct financial analysis with a level of accuracy on par with a dart board.

Re: Unmasking the Men Behind Zero Hedge

#56

Post by tptacek »

dismal2 wrote: post #34
tobltobs wrote: post #13

Earlier quoted context omitted.

> breaks news before a lot of outlets Any examples?

All their coverage of hft when nobody was talking about it

Everyone I've talked to that works in HFT --- and that's a bunch, because we built a trading CTF --- sums Zero Hedge up the same way 'yummyfajitas (also a former HFT) does: "a conspiracy theory site without the theories".

Re: Unmasking the Men Behind Zero Hedge

#57

Post by pjc50 »

tomp wrote: post #41
TorKlingberg wrote: post #38

Earlier quoted context omitted.

Could you link to a couple of examples? I am not interested enough to go searching. I did find an anti-vaxxer piece on the frontpage, which did not exactly inspire trust: http://www.zerohedge.com/news/2016-04-28/why-our-children-sh...

> Some very, very powerful and influential people are terrified of it and are doing everything they can to make sure it never sees the light of day. Which makes me infinitely more curious. Which is quite solid logic - why would "they" want to ban something unless they're afraid of it?

Maybe they're afraid of it because it's genuinely misleading and dangerous to public health?

Just because innocent people are sometimes harassed by the authorities does not mean you can use harrasment by authorities as evidence that someone's actually in the right.

Re: Unmasking the Men Behind Zero Hedge

#58

Post by tomp »

tptacek wrote: post #52
tomp wrote: post #40

Earlier quoted context omitted.

So, all people who were saying that NSA is spying on the whole internet (before Snowden, that was the conspiracy) were secretly authoritarian?!

No, the spying the NSA does on the Internet falls more into the category of "worst kept secrets" than "conspiracy theories".

You could say that about all conspiracy theories, especially those that have since come true.

Re: Unmasking the Men Behind Zero Hedge

#60

Post by arca_vorago »

tobltobs wrote: post #10
dmichulke wrote: post #6

Zerohedge is one of the most remarkable web sites today. I started reading it after 2009 and today it's (along with HN) my daily read. For me as a Westerner there are few places where I can read non-mainstream opinions on things like the war in Syria, the oil price and currency wars, the daily SNAFU in the financial worldlike Negative Interest Rate Policy (NIRP). To be sure, the headlines are often sensationalist but…

That is astonishing. If you remove the usual conspiracy theories and the right wing populism crap there is not much more left than you can read on bloomberg or any other financial news site.

"conspiracy theories"

From their response article: "We are ok with being typecast as "conspiracy theorists" as these "theories" tend to become "conspiracy fact" months to years later. "

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