Silly TV

I just saw a silly half hour segment on CNBC. Today is NFL Draft day so CNBC had their mock "stock draft." Sounds fun, mixing business with sports, it certainly peaked my interest. However, it was just filler in their 24-hour cycle of business coverage. Just as CNN has become a snooze fest with silly animals in their news segments, CNBC is getting into the gimmick games as well. There's a universe of stocks out there but there's only one round with just seven teams?! My ten team fantasy baseball league ends up picking 300 names in the end to get a good sample of long term growth. Talk about self promotion for CNBC. Does CNBC get paid a flat fee each time they say a mega cap's ticker symbol? Let's pick big market cap names so as not to lose viewers with names that actually might grow. I know the ticker symbols of these companies by heart, most people do if you even casually follow stocks. If you're going to do a fantasy draft with stocks for a business theme, then atleast make it true to life and have the players pick companies out of the total universe of publicly traded stocks. Seven doesn't cut it! When you limit your sample size, the fantasy aspect is taken away and you're stuck with talking about Apple's iPhone and Google's Android and Netflix's losing membership to free online content. Old news, same stories. I'm not running a multi million dollar hedge fund and I can even makes these calls. I guess going online for interesting stories and games is the safe play. Regular TV has lost its way at being creative. Thanks reality TV! You're not must see to me. BTW, I think Facebook will be the best performing stock this year when it comes out, because it'll have so much hype. I wouldn't buy it on hype, but for fantasy game with fake money, it's worth a gamble. If I'm right and these "experts" are wrong I'll be smiling because nobody picked FB. Maybe if the field was eight deep......
Next year make the draft go a few rounds to make it interesting. Show the viewers there's more to valuing stocks than just looking at the ones scrolling at the bottom of the tv screens all day. That takes talent just like playing fantasy baseball or football requires players to bring to the table. CNBC has a lot to learn about the concept of fantasy games and rules. Fun idea, in the end it peaked my interest after-all, and so I watched. I was really disappointed with the end result. Oh I'm in third out of 10 and fourth place out of twelve in my two fantasy baseball leagues after about a month of games played. Not too bad so far. The larger sample size proves you need to go deep to find the gold!