We were tearing up old newspapers the other day for a craft project, and so had a quickfire roundup of the daily news headlines over the summer. All just noiseI realised, with very little signal. This is not to blame the newspapers, just to say that nearly all of the most important events over the last 24 hours (any last 24 hours) is not that important at all.
Most politics reporting is noise. What Miliband/Fox/IDS/Johnson/whoever said yesterday to a reporter or what some unidentified source said about something is not that important. That’s all noise. The signal is Labour out; coalition in; “cuts” ahead.
“Business” reporting is noise. Stock markets and currency exchanges aren’t really business anyway (not to disparage them, just stating a fact); and the intra-day movements of either are just noise unless you are a day trader, which you aren’t. The signal is data over quarters and years, not hours.
Sports reporting that isn’t reporting on an actual match is noise. I hate it when England are playing cricket yet the sports pages lead on close-season transfer speculation in football.
Celebrity news is noise. There is no signal.












Posted by Pete Collins 











