I love Dealbook

i've been an avid journal reader for some time, but i feel like they've really been slipping the last few years. especially in the last year or so when political news seems to be dominating their pages. honestly, they aren't very good at non-financial/business news. i read the nyt (the standard) and the post for that. but lately, i've gotten hooked to nyt.com's Dealbook blog. it's leagues ahed of wsj's Deal Journal blog and often has some really good links and commentary. andrew ross sorkin the man. i feel like the NYT has really upped it's game on the business/financial news front. anyone else feel the same way?

13 Comments
 

yes. WSJ is just a bunch of right-wing propaganda. if it wasnt the standard for finance news in the US, i wouldnt read it at all--id rather read Financial Times.

NYT dealbook is fantastic. i havent gone through ibanking interviews yet but i know juniors who would go on dealbook and study up on deals that involve company they are interviewing with. love it.

 

The spin of the regular NYT is out of control, WSJ is much better in that aspect.

However, Dealbook is great. H4zin, personally, Dealbook has gotten me through questions in a few interviews about recent deals, general specifications of the deals, etc. One of the guys in an ib interview said they all read it too, so you end up talking really relevant shit.

 

I really think it's the best one stop shop for when you want to get a quick overview of everything brewing.

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Best Response

Dealbook is relatively clearly laid-out and easy to check, but the reporting is like the train wreck you can't look away from...

GameTheory gives Sorkin too much benefit of the doubt when he says he understands half of what he writes about. His articles exhibit a willful disregard for accuracy or completeness, the writing's at about an 8th grade level, and Sorkin loves to throw in these gratuitous snarky comments about prominent people in the deal business as if that makes it hard hitting. I'm all for a hard hitting, critical editorial slant and an outspoken, freethinking press, but Sorkin just writes everything with a lame populist slant. He also went from criticizing buyout firms for stealing companies from shareholders by engaging in unspoken collusion not to break up or bid up each other's deals (!?), and then, as soon as the market went bad, immediately started criticizing buyout firms for stupidly overpaying...trouble is he was still talking about the same deals. Weak.

 

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