Preferred news channel?

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chibwack's picture

Since I’ll be taking over the cable responsibilities at my house soon, I’m finally going to splurge for some premium news channels.  That got me thinking, which do you prefer and why?  CNBC, Bloomberg, MSNBC, other?  I had a free sample of bloomberg for a while and like the documentaries, but realized they were all repeats after a while.  Never have had the other two.

Sweep the Leg's picture

Comedy Central

Analti_Calte_Equity's picture

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dspapo's picture

NPR through my roku

Analti_Calte_Equity's picture

who ‘splurges’ on CNBC, MSNBC, etc? I thought these channels were standard cable.

I knew Bloomberg is additional for some providers.

I like CNBC, but sometimes they get a bit wacko and if the noise gets too crazy, Bloomberg has some of the toned down versions of the stories with more hard facts and less jumping around. I think Bloomberg only shows documentaries outside of market trading hours. Their daily show looks like a different version of CNBC or something.

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bchad's picture

CNBC always makes me feel the way I feel when I’ve had too much coffee.  But that’s their strategy.  But my client is glued to CNBC, so I sometimes feel I need to watch so that I can say “yeah, I saw that.”

I listen to a lot of Bloomberg streaming over the internet for their economic commentary.  Not so sure about the TV.  Their iPad app is pretty good too, although I tend to listen to the radio version more.

You want a quote?  Haven’t I written enough already???

FrankArabia's picture

cnbc is garbage……cbc lang and oleary for me….

chibwack's picture

With my local cable providers they both cost extra, and instead I get BNN (business news network).  It’s alright, but definately sub-par.  I guess I’ll just have to check out cnbc and see how that amped up experience treats me.  I saw mad money at my parents once and it just gave me a headache haha.

FrankArabia's picture

BNN is better than CNBC but BNN only covers Canada which gets pretty boring…..but they have catherine murray who is a grade A talent hot classy babe……..

ohai's picture

Bloomberg TV is generally boring as crap. However, those Asian chicks are starting to grow on me. 

“I’m a CPA! I got money b***h!”

bodhisattva's picture

BBC

Bloomberg

CBC

In that order.

MSNBC is just a bunch of cheerleading with no substance and fox is even worst because its straight up fradulent.

I agree with BNN being fairly good, it’s major limitation is that it focuses on the canadian capital markets.  There is only so much a guy can take of hearing about mining, oil and gas stocks and reits.

itera's picture

CSPAN is boring as crap.  bloomberg has tidbits of interesting here and there

Hope. It is the quintessential human delusion, simultaneously the source of your greatest strength, and greatest weakness.

Turd Fergeson's picture

R/T.  Call your cable provider and tell them I want my Reason TV.

KISS MY CONVERSE.

chibwack's picture

I guess maybe a better question is, is it even worth paying extra for those channels?

Analti_Calte_Equity's picture

chibwack wrote:

I guess maybe a better question is, is it even worth paying extra for those channels?

Getting the channels is not going to give you any edge in investing - if you find the programs entertaining and/or interesting, then do it.

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FrankArabia's picture

it won’t give you an “edge” but they have informative interviews with CEOs plenty of times, and its a great way to get the news after a long hard days work……

i’m still wondering if the reporters get to keep their clothes….

ohai's picture

As entertaining as that would be (“Maria, please surrender your shirt.”), I can’t really imagine a scenario where they would not be able to keep their clothes…

“I’m a CPA! I got money b***h!”

higgmond's picture

According to CNN’s FAQ page, their anchors where their own clothes.  I imagine the bigger names get their clothes for free from the designers in exchange for a mention in the credits.

You can fondle the cube, but it will not respond.

FrankArabia's picture

well then these reporters are some classy dressers………

itera's picture

Those CEO’s are much more guarded on TV compared to talking to a portfolio manager or a sell-side analyst on a phone or in person.  I wouldn’t use what they’re saying on TV as “an edge”.

The only gain would be if they said something, and it triggered you to come up with an idea yourself of how it could benefit the company.

Hope. It is the quintessential human delusion, simultaneously the source of your greatest strength, and greatest weakness.

bchad's picture

Big investment ideas tend to be contrarian in nature.  In order to be contrarian, you have to think differently from the crowd.  In order to recognize a contrarian opportunity, you still need to have some sense of what the crowd is thinking.

In total, these news and commentary shows are very useful for figuring out what the crowd is thinking, or at least the hot money crowd.  The trick is not to be lulled into agreeing with everything they say, which is way easier said than done.

You want a quote?  Haven’t I written enough already???

chibwack's picture

bchadwick wrote:

Big investment ideas tend to be contrarian in nature.  In order to be contrarian, you have to think differently from the crowd.  In order to recognize a contrarian opportunity, you still need to have some sense of what the crowd is thinking.

In total, these news and commentary shows are very useful for figuring out what the crowd is thinking, or at least the hot money crowd.  The trick is not to be lulled into agreeing with everything they say, which is way easier said than done.

That’s kind of what I was thinking.  As far as “hot stocks” go, by the time its on tv the stock is old news anyways.  I’m more interested in just being informed, and typical news broadcasts don’t focus enough on the business side of things for my taste.  Just something I can put on after work for an hour or two and get all caught up on the days events.

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