58.1 Izabella Kaminska on Media, Criticism and Trust
———Part 1 Summary———
Izabella Kaminska, editor of Alphaville – the Financial Times blog, talks: financial journalism, the necessity of skepticism, public distrust of media, press reticence to cover underclass concerns, reportage to clarify versus to convince, technology’s impact on news, and more!
———Episode 58 Intro———
Welcome to Making Sense. Jeff Snider and I are joined by a very special guest, Izabella Kaminska who has accomplished many accomplished things, including being the editor of FT Alphaville, the Financial Times blog. Though to refer to Alphaville as a mere blog, would be a gross disservice. No ladies and gentlemen, it is much more than that. It is the modern-day equivalent of the 17th-century London coffeehouse.
Both, forums for transactions, spirited debate, and the exchange of information, ideas – and lies! – though Alphaville is pointing them out for our benefit. Strangers, no matter what their social standing or political allegiance, are always welcomed into lively convivial company. The topics, then like now: the stock exchange, insurance, auctioneering, politics, arts… Then? The ‘not-so-old’ masters. Now? NFTs. Both the contents of the 17th-century coffee mug and Alphaville could be described the same way: “‘black as hell, strong as death, sweet as love’ and shot through with grit.”
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———Ep 58.1 Topics———
01:41 The nature of FT Alphaville relative to mainstream financial media
08:52 The importance of skepticism and critique in Alphaville’s coverage of markets
13:23 According to Gallup, Americans have very little to no confidence in newspapers
22:39 Media reticence to cover ‘unsophisticated’, ‘conspiratorial’ working class concerns
33:38 Drawing attention to and clarifying versus reporting to confirm, conclude and/or convince
43:39 Technology’s impact on journalism – past, present and prospective.
———Ep 58.1 References———
Izabella Kaminska: https://www.ft.com/izabella-
Alphaville: https://www.ft.com/alphaville
Alhambra Investments Blog: https://bit.ly/2VIC2wW
RealClear Markets Essays: https://bit.ly/38tL5a7
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