A bit Nutty , but a good kind of Nutty
Reading Zero hedge is probably not going to make you much money but it might help you keep what you already got. Just keep in mind that when you read it, its' value is more education in the "game" of how the con works if you will.
There is a palpable jaded bitterness that permeates the infamous anonymous rant blog. From everything from pseudonyms ("tyler durden" ala Fight Club), to their "manifesto", to the conspiracy angle every article portrays. There is definite "rage against the machine" going on here. I've yet to see any article suggest any sort of investment opportunity (other than implied shorts).
This probably stems from their probable founder's dark past (he's a banned securities professional)
http://www.nypost.com/p/news/business/item_hn6OGbJ7XLE5BXvLDLA2oK;jsessionid=A5EC5FBDCE83491A1C0005FA6320DC51
The quality is real hit or miss, especially since "tyler durden" may be a shared psuedonym (unlike marla Singer) probbaly because of said dark past of mian "Tyler". "Tyler" seems to write in different voices. And since you never know which Tyler it will be, you don't know if it's going to be worth reading until you read it . That's kind of annoying.
So biased? oh heck yes.
That being said Zero Hedge is important,politically economically and culturally. It really is a phenomenon. They will call the Street out on their BS. No one elses does that,and the few that try are far too polite. What they are doing is making a real difference in the real world, perhaps not as much as they'd like but they are definitely annoying the establishment.
Whether it be uncovering to main street about those HFT houses frontrunning your trades, orthe death of the Chinese Wall at Merrill Lynch REIT division, or their latest suspicion that the UK is covering up China's new US treasury buying, ZH is definitely way outside of the traditional media norms. There is value in that, you will not find these tidbits in mainstream media sources.
read ZH while you can if interested. I suspect in 5-10 years they will no longer culturally relevant (either reform will actually happen, or the public will be pacified or both). Hopefully it won't be banned before then either.
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