Happy Monday gents,
In recent years I can recall watching at least some of the Oscars or whatever 'big' event is on that evening. After discussion with some friends it seems very few watched. And we all have one common reason why- the increasing PC offended culture in media.
I am relatively moderate in nature, and have friends ranging from Bernie Sanders supporters to Ben Shapiro disciples. Most of us agree the media coverage of these events has turned us off to the events.
When I first saw this in action on a big state was after Villanova won the men's basketball championship and that poor kid (Devashenzo or some absurd last name) who hit the game winning shot was criticized for tweeting rap lyrics ~10 years prior to that day that contained a slur. It seems with every major accomplishment, the first thing to do for some members of the media is dig up their social media and see if they have ever posted something offensive. A sad job to have if you ask me.
I saw this morning that Green Book won best picture (have not seen the film - plan to) and the first story I read is about how offensive the film is and how it promotes the idea of a 'white savior' - the director in his past had allegations, etc.
It seems like - in today's word - if you do something well and win an award, contest, etc. the first thing people look for is anything remotely offensive to tear you down. Completely wrong in my opinion.
Maybe I am too young and this has always been happening? Maybe social media just amplifies it? But whatever the cause is, I didn't watch, close friends ( all young to late 20's for reference) did not watch, and ratings overall dropped according to quick google search. In the last year and a half or so I have only been watching big sports events and not any media events of this in nature due to the media coverage of politics and the perpetual outrage that the media is desperately seeking.
So did you watch? Why or why not? Any thoughts on PC media attacking everything? Anyone else worried about Bradley Cooper swooping their girlfriend or wife after that singing performance?
And as a reminder, make sure cash rules everything around you unless other asset classes provide higher risk adjust returns.