THE NEWS HACK'S CREED:
I know more than you.
I make lots more money than you.
I'm smarter than you.
I'm sexier than you.
I appear on TV all the time.
I work ten minutes a day.
I rule the universe.
I'm going to live forever.
You are an idiot.
THE NEWS HACK'S CREED, No. 2:
A lie isn't a lie when it tells THE TRUTH.
THE NEWS HACK'S CREED, No. 3:
I've come to realize that the looseness of the journalistic life, the seeming laxity of the newsroom, is an illusion. Yes, there's informality and there's humor, but beneath the surface lies something deadly serious. It is a code. Sometimes the code is not even written down, but it is deeply believed in. And, when violated, it is enforced with tribal ferocity.
--JOHN "OMERTA" CARROLL.
THE NEWS HACK'S CREED, No. 4:
News isn't news when we don't report it.
PERMALINKS:
THE NEWS HACKS' DICTIONARY
THE EUGENE DAVID GLOSSARY
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Bold: The mutual fund industry is one of the most inefficient I have ever seen. Putnam Fund for Growth & Income, a large value fund, has been in the bottom 5% of all funds in its category for the past decade, yet still has almost $6 billion invested in it. If it were a horse, it would already be glue.
Glue? That horse is Secretariat!
Wiener: Can you spell L-O-A-D? As in a 5.75% front-end and a 25 bp 12b-1. Putnam funds are not bought--they are sold.
They take it in the front end and pull the investors out through the rear. Apt terminology.