InstantBull has taken a step to increase its reach into the blogosphere by increasing to 40 the number of blogs it ranks. If you don't know, InstantBull aggregates a lot of content including market related blogs.
I did not know this but the rankings are derived by an evaluation of things like frequency and knowledge of content. This is similar, and the folks at InstantBull say as much, to what Brett Steenbarger wrote recently in his excellent state of the blogosphere-type post.
Hopefully InstantBull will continue to play a role in the development of the blogosphere.
I am aware of several things happening that stand to deliver further positive evolution of blogs and the content they provide. Blogs provide easy access to some great content and I expect them to become more and more relevant as time goes on.
I am thrilled to be a part of it.
Proud Member Of
Random Roger
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17 comments:
I've been trying to think of a way to say this without sounding like I'm patronizing you...
Anyhoo, I think your blog and those like it are filling a massive void left by the MSM and- hate to say it- our industry, too.
I'm thinking of the difference between a typical guest on CNBC acting like they're sending tablets down the mountain vs. an open forum debating process and opinion.
For example, Re "Lots of Chatter": that type of discussion is what's absolutely fantastic about your blog and the blogosphere in general. Big topic and a bunch of smart folks chiming in. Now imagine a major strategist outlining a 25% cash position during an interview.
Followed by an open forum. . .
Yeah- never happen.
Good find Roger -- do you have to submit your blog, or do they pick it up automatically?
When Bill Cara's blog, paranoia central, comes in first, it's time to take a real deep breath and re-evaluate the blososphere. Have you noticed that now that the market has proven Cara wrong on his bearish ("1,000 point drops ahead") calls, he's redeploying his focus to geopolitics? What a clown-and he's numbero ono!
Judging by some of the comments on Bill's blog he helps a lot of people.
I have felt some of his thoughts have been extreme but that is OK. Exploring the extremes helps me find what I think might happen.
As for the geopolitics shift, I have Bill's headlines on MyYahoo. I find myself clicking through to read something about twice a week so I have missed this shift you speak of.
Calling him a clown is not cool. I do not doubt his intention. Like everyone he gets some right and gets some wrong-goes with the territory.
Roger: What is helpful about Cara's site is the generic investment data available free there. What is a joke are his market calls and paranoia, which, of course, may very well be intentional to distract the viewers from his mistakes. After all, a straight shooter like Cara is at the mercy of "the gnomes" and it's always Goldman Sachs, The Fed and the Bush administration who are causing his calls to be wrong. Now, if you believe that, please be my guest and good luck in following Cara to his Trader's City in the Bahamas, where he's got real plans for the amateurs (read: morons) who are cultlike following him. This con artist will eventually be unveiled and will be an embarrassment to the blogosphere and the morons that trusted him.
I am feeling a bit like Nigel Tufnel--but this one goes to eleven.
I have no idea who Nigel Tufnel is, or what the significance of this reference is, let alone what "this goes to eleven" means. I googled Tufnel and was so repelled by what I saw that I couldn't stay and read the text. Frankly, I thought Tufnel must be a boxer that was pummelled vis a vis our dialogue. Furthermore, I am not going to apologize for calling Cara a clown as calling things by their right name is the beginning of wisdom and those who defend the indefensible without thoroughly investigating also fit that description, however you hedge, i.e. "I only view him a couple of times per week". When you give an opinion you really should be more thorough and careful because by not doing so you are diluting the equity value of your website and play into the hands of the critics of the blogosphere.
repelled? It a reference to Spinal Tap, just a funny movie.
This just in, I like to have fun with this too. Your are entitled to feel what you feel and comment what you comment but your tone is much heavier than mine.
This site tries to help people. The writing let's me learn more and I think let's a few other people learn too.
I am a lighhearted easy going guy. This will come through in my writing.
I did not ask you to apologize. You are entitled to think he is a clown. I am entitled to think calling him a clown is not cool.
But, Roger, I know you're a wonderful lighthearted guy who's hip to pop culture fencing with some old curmudgeon, but why don't you answer the charge. You really don't know much about Bill Cara and his site, nor did you investigate, you just gave a driveby opinion based on a bleeding heart prejudice that he's just trying to help people, blah,blah. Well, that's not good enough. There's a lot of beef on my blog entry concerning this matter, and the bottomline is you'd better police yourselves if the blogosphere is to have credibility. Please no more Rodney King defenses.
curmudgeon-nice self deprecation,
fair comment for to try to answer.
what i said earlier about visiting his site a couple of times a week is true. based on the headline i decide if i have any interest. I have never read one of his week in review posts. I tend not to read 2000 word blog posts anywhere (see comments about Geoff Considine).
You say bleeding heart prejudice; am I biased to think someone is well-intentioned, yes.
A blogger could be dead wrong about everything but well intentioned.
If a blogger's content loses relevance beit from being wrong too often, changing agendas, loss of mental faculties or anything else he will lose readers.
I feel no need to be accountable for anyone else's integrity. I gave my opinion I also told you I read him very rarely so you can surmise what you will from that.
I think I police myself I'm not sure I make the connection to policing others.
Well-intentioned is not good enough, being smart, honest, and disciplined is. You went to bat for Cara and defended him without knowing what you're talking about, therefore misleading your readers, therefore deprecating the value of the blogosphere. I am deleting both your bookmarks now and siding with those who charge the blogosphere is not yet ready for primetime. Good-bye.
OK, take care.
Anon,
Police the blogosphere? PUH-leez.
Wait a minute! Here's an idea: start your own blog devoted to keeping track of Bill Cara's mistakes... uh, I'll be right over... just need to get me a cup of coffee...and need to water that plant in the corner... Rodger, you got any oil? my chair is squeaking- need to fix that first, too...
knee-slapper
hearty chuckle
Bill Cara gets a lot more right than wrong. The title of his blog, "Capital Markets & Social Equity" tells you where his passion and interests (and considerable expertise) are centered. As a successful Canadian businessman who has started and/or promoted a number of financial enterprises, including a brokerage I believe, he knows more than most about the inner workings of the "sell-side" and his belief that injustice and inequity are negative economic forces, distorting capital markets and society alike, is hardly that far from mainstream; it's a matter of the social contract for him and when he sees it violated he vents, that's all.
If his occasional tirade against conflicts of interest in the financial industry or manipulation of markets by the powerful strike some as excessive or even paranoid -- I usually visit his blog every week-day and they aren't actually that common on average -- the bulk of the site's contents none-the-less remain devoted to investing process and there is some excellent quality there; it is quite possible for all but the most easily distracted or ideologically sensitive to spend considerable time browsing and studying without encountering too much, ummm, 'difficult' commentary.
Referring to Cara as a "clown" is not only uncool it is bush-league.
'Nuff of that.
The usual lazy pre-Labor Day market today but virtually all my longs were positive so I'm not complaining. A good, restful weekend to all.
Congrats Roger.
Over on Barry R. blog there is a lot of head scratchin goin on about the markets reaction to the NFP.
I am not going to even visit Roubini's until I settle down and have some maalox handy.
Anons. shots at you and Cara remind me of Bugs Bunny when he finishes off Elmer Fudd (again). Mel Blanc had the best expression of distain that can possibly be expressed......."What a Maroon!" Have a great Labor Day weekend. I'll be working. Tom in Indy
" I find myself clicking through to read something about twice a week..."
Bill Cara's site is not on your site list. Is there a reason?
With all due respect, we find the site to be best as a source for info (less so lately) and not opinion. When looking for a range of opinions Seeking Alpha is a better choice.
CrossProfit.com
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