Being an ex-Torontonian, I used to think that the Toronto Star was a decent paper, but in recent years it’s taken a turn for the worse. Due to the difficulties in the media business in general and the newspaper business in particular, they’ve started to lean a lot more on things like “advertorials”, paid advertising sections and editorials that offer biased views on a particular subject. The reason I mention this is because I was just made aware that they have an advertising section on “online trading”, which seems to have started around June 2008, and which fooled my mother as being legitimate. Given the emphasis on seniors doing online, active trading and such, this seems particularly sketchy. To paraphrase Emanuel Derman, it’s embarrassing to be part of a business with so many scams.
I did like this Q&A, which taken with the other Q&A of the seniors reminds me a lot of the Globe and Mail’s profiles of investors, except with the addition of brand name-dropping of brokerages. Clearly, these are real people they’re interviewing, and a few tidbits of reality slip through the cracks:
Q How do you handle risk?
A Not very well. Some days, you may be able to hear my fingernails clawing on the rock face of the cliff as I slide into the abyss.
Even still, I find that this very thin line between ostensibly unbiased journalism (or at least journalism without a direct financial tether) and advertising pretty depressing.
This entry was posted on
January 15, 2009 at 7:49 am and is filed under Business, Commentary, Interesting Articles. You can follow any responses to this entry through the RSS 2.0 feed.
You can leave a response, or trackback from your own site.
software outsourcing, show you the.
How To Get Ahead in Online Trading (2009)
Being an ex-Torontonian, I used to think that the Toronto Star was a decent paper, but in recent years it’s taken a turn for the worse. Due to the difficulties in the media business in general and the newspaper business in particular, they’ve started to lean a lot more on things like “advertorials”, paid advertising sections and editorials that offer biased views on a particular subject. The reason I mention this is because I was just made aware that they have an advertising section on “online trading”, which seems to have started around June 2008, and which fooled my mother as being legitimate. Given the emphasis on seniors doing online, active trading and such, this seems particularly sketchy. To paraphrase Emanuel Derman, it’s embarrassing to be part of a business with so many scams.
I did like this Q&A, which taken with the other Q&A of the seniors reminds me a lot of the Globe and Mail’s profiles of investors, except with the addition of brand name-dropping of brokerages. Clearly, these are real people they’re interviewing, and a few tidbits of reality slip through the cracks:
Even still, I find that this very thin line between ostensibly unbiased journalism (or at least journalism without a direct financial tether) and advertising pretty depressing.
This entry was posted on January 15, 2009 at 7:49 am and is filed under Business, Commentary, Interesting Articles. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.