Mickey Kaus on Using BDS to Make Stock Choices.

Mickey Kaus is becoming the ultra-left dog pound's preferred media target, as he understands their psychosis and perversions far better than they do, and debunks them on a weekly basis. Here's Mickey:

How to Get Rich Off Liberal Media Bias (without becoming a pundit)! At a lecture today at the Milken Institute, economist/blogger Tyler Cowen said he didn't think the sub-prime mortgage crisis was such a big deal. That's always been my untutored sense--it seemed clear the MSM was hyping the crisis because a) it was the story of the moment; b) economic news is always bad news; and c) the anti-Bush, anti-GOP press is now in permanent campaign mode--and the economy is one of the few things the Republicans, and Bush's policies, might be able to take some credit for. If it tanks, they're really dead. So the press has a catastrophist bias when it comes to the economy. Remember when Enron was going to sink it in 2002? However big the subprime problem is, it was never going to be as big as the press makes out.

Which led me to this potential moneymaking idea: The moderate lib bias of the MSM is a huge irrational, distorting force on the information flow to the American elite, prompting them to not infrequently make colossal misjudgments (like thinking John Kerry would be a solid presidential pick for the Dems). To the extent this organic MSM bias actually distorts the market, it should create opportunites for stock-picking. Why not start an investment fund --call it the Cocoon Fund or the Pinchless Portfolio-- that would 1) search the papers for bogus liberal memes (like the subprime-dooms-the-economy story line, or the perennial UAW-to-organize-Nissan's-Smyrna-factory line); 2) figure out which stocks are underpriced because people actually believe this bogus meme; and 3) invest in those stocks. ... You could have made a killing just on the MSM prediction that comprehensive immigration reform would pass, no? ... Even better: This would be a strategy that could work for a long time, since the basic ideological structure of the MSM doesn't show signs of rapid change (only of slowly diminishing in importance). ...

As the NYT's stock sinks below $20/share, down from $50 in 2005, Mickey certainly chronicles the self-destruction of monstrosities like the LAT, NYT, and WaPo closely. Hopefully, Mickey is hastening the day when these liberal predators sink into the tar pits atop their carrion prey.