Spent a couple of nights off grid and picked up Alain De Botton’s latest book The News.
Here’s a little nugget from the inside flap: “The News occupies the same dominant position in modern society as religion once did, but we rarely consider its impact on us.”
And here’s another from inside the book: “In its stoking of our fears, the news cruelly exploits our weak hold on a sense of perspective.”
There’s a bit about financial news too: “To write up the goings-on in businesses only in economic terms, to sum up an entire company as being +1.20 or to compress the experiences of 8,000 people into a turnover of 375,776 seems as limited as reducing a novel of the complexity of Pride and Prejudice to a ledger of the characters’ bank accounts.”
Amazing, I had never questioned the news properly before reading this book.
Here’s this week’s links:
9 Scenarios where the Internet of Things could change our lives.
How I lost a sh*t ton of money.
Trader turns $1600 into $1.7 million in six months.
Banking culture breeds dishonesty.
Money rolls in for the money managers.
See your portfolio as a city skyline.
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