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If it Bleeds it Ledes

Doomscrolling in financial market journalism and commentary was so “way before” the current cellphone doomscrolling phenomena. And I am sure it was popular on stone ledgers and papyrus.

A thoughtful, well written essay on how the world is coming to an end simply appeals to our reptilian brains more than a cheery optimistic bromide: “I like the long term business model and management is shareholder oriented” just doesn’t sell as well despite how profitable it is over the long run.

This was “again” neatly codified in the FT but I am sure it applies in most places.

Don’t be what you read.

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