Andrew Timms of Institutional Investor writes about Real Vision TV and “Wall Street Week,” two attempts to provide thoughtful analysis to investing and Wall Street on television.
Timms writes, “In their different ways, Real Vision TV and Wall Street Week aim to remedy some of those deficiencies. Scaramucci, whose firm organizes the annual SALT hedge fund conference in Las Vegas, has a flashy hosting style that occasionally veers into pally-pally obsequiousness — no surprise, given his connections in the investment world — but there’s an endearing earnestness to much of the substance of Wall Street Week. So far, there have been several big set-piece interviews diving into the careers of investing legends such as Los Angeles-based DoubleLine Capital founder Jeffrey Gundlach, New York’s Fortress Investment Group’s principal and director Michael Novogratz and Washington-based Carlyle Group’s co-founder and co-CEO David Rubenstein. These pieces have been educational and patient, a kind of Mad Men for the Wall Street set, in a way that much of the frenetic, short-termist coverage on cable networks can never be.
“Real Vision TV, branding itself the “Netflix of finance,” is the brainchild of Raoul Pal and Grant Williams, each of whom has his own popular investment newsletter (“The Global Macro Investor” and “Things That Make You Go Hmmm,” respectively); they are funding the venture with their own money. The videos are often wonkish — many feature debates on macroeconomic theory or policy — and involve little of the purchasing direction feathered into the buy- and sell-crazed content of the cable networks.”
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