With this 6th episode, The Oracle is finally out of beta. The show is now well structured.
It is both informative and entertaining —-and it has rhythm and style.
- The TV show has 3 parts, as you all know, and each of these 3 parts focuses on one single issue. Excellent.
- The interview of the main guest (this time, Peter Schiff) is well conducted and long enough so we can capture many insights —-not just snippets.
- The main guest is now a person of global stature —-as opposed to the French, German and Arab guests (with strong foreign accents) we had to endure in the previous episodes.
- Stacy Herbert (”-The Queen Of Facts”-) has finally been tamed. It was about time. (Women.) She now focuses on one single issue, introducing the issue of each of the 3 parts of the show.
- Her “-headlines”- are now usable —-they are now well readable on the TV screen. (She puts black headlines on a white screen, whereas The McLaughlin Group would rather put white headlines on a black screen. Both techniques are usable. It is a question of taste.)
- She gave us a very good chart in part one. I want her to show one chart in each of the 3 segments of the show. I WANT CHARTS, STACY.
- I never met Max Keiser in person. He was described to me as a friendly, low-key fella. But as soon as the red light flashes on the camera, he becomes another man —-a funny, sometimes hilarious, financial animal, who immediately becomes the center of the attention. There is that expression in English that sums it up: ‘-he is stealing the show’-, literally. He expresses his contrarian arguments in a Daffy Duck-like voice, with some kind of exuberant body language rarely seen on TV —-the fella is a spectacle by himself.
- I hope that The Oracle (the disco machine that beams out the predictions) will be re-introduced in the show. It was a good gimmick.
- I also hope they will feature prediction market charts, later on.
- Overall, the show is a very good piece of infotainment. I never quite saw this on TV before. There is the hilarity, but there is also the seriousness of dealing with the global banking, financial and economic crisis —-quite not a laughing matter in the first place. Quite a mix.
Now, watch the show.
James K. Galbraith
Cory Doctorow likes Max Keiser’-s TV show —- I do too.
- Although I don’-t agree with them politically, Max Keiser is exceptionally charismatic and funny, and Stacy Herbert is very lively and competent.
- Max needs to invite a guest who is as lively and as literate in finance than he is. Otherwise, “-The Oracle”- will remain his show, as opposed to a good show.
- The TV format is a winner. Max is on a path to stardom.
- Nigel managed to plug his prediction exchange. Good.
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The Oracle (“-a satirical look into the future”-), with Max Keiser, on BBC World News.
I have just watched the first edition of this TV show.
- There is no mention of collective intelligence and prediction markets, alas.
- The format of the show is very well thought out. It is a winner. There is an intro with videos or charts, some cheap talks with the guests, and then “-The Oracle”- (a semi sphere at the center of the TV studio) beams out wildly and delivers a prediction, which the guests are invited to comment on.
- Max Keiser is almost awesome and Stacy Herbert (the co-host) is authoritative enough.
- It is infotainment —-think of Max Keiser as the Michael Moore of Wall Street.
- It is leftist —-that, you already knew.
- It is funny. The segment where Max Keiser impersonates Colin Powell at the United Nations is hilarious —-in the new UN speech, Saddam Hussein is replaced by the bankers, and the WMDs are the financial derivatives. A must see.
- The guests for the first edition were Jacques Attali, who is a French fraud (along with Bernard-Henri Levy and Alain Minc) in my view, and a British actress known only to her family and friends. They were not stellar, but good enough.
- Next week, Nigel Eccles of HubDub will be a guest, I have been told.
- Max Keiser has a future in the televised infotainment industry.
UPDATE: Episode One
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CAUGHT OFF GUARD BY GLOBAL FINANCIAL MELTDOWN? NOT IF YOU HAD WATCHED THE ORACLE!
Max Keiser looks into the future every Friday on BBC World . . . coming soon
BBC World News is working with Max Keiser, the creator of the Hollywood Stock Exchange, to produce “-The Oracle,”- a weekly entertaining look into the future with the help of today’-s headlines and prediction market charts.
The Oracle’-s partners include Eldorado Pictures, the production company of Emmy award winning star, Alec Baldwin.
BBC World News Head of Programmes, Paul Gibbs, says: ‘-If Max had been on our screens a year ago the current global financial crisis would not have been a surprise. It might not even have happened.’-
Alec Baldwin, who has enjoyed a relationship, both personal and professional, with Keiser for nearly 30 years says, “-I’-m excited to be working with Max on The Oracle. Keiser combines blazing intellect, total irreverence and searing honesty to put forth news and commentary like no one else can.”-
The Oracle is planned to air every weekend from early 2009 on BBC World News. Celebrity and expert guests join Max to pore over the prediction market charts to see where people are predicting today’-s news might lead.
Max Keiser, has a long and amazingly accurate history of looking at market prices in order to predict the future.
As the creator of the world’-s first prediction market, the Hollywood Stock Exchange, Max presented “-Rumble at the Box Office”- for NBC’-s Access Hollywood accurately predicting box office.
Max went on to predict the present economic turmoil in a series of ten films for the Aljazeera English magazine series, People and Power.
As early as 2006, Max predicted in these films –
* the crisis in the global banking system to be triggered by subprime debts,
* the rescue of the financial system by wholesale government intervention,
* the rise in the price of gold,
* the Russian invasion of Georgia,
* economic meltdown in Iceland,
* and more.
Max continues to stay one step ahead of the game with his weekly radio show in London on Resonance 104.4 FM and in his writing for the Huffington Post and Intrade, the prediction market site.
The producers of the program will be in Mipcom and available for meetings.
Overall, the TV show is based on a good concept (trying to predict future headlines), and I’-m sure it will be a success in the end.
However, one big mistake Max is doing is to have female journalists. Sorry to say that, but if you are in the business of selling subjective predictions, you need to have credible predictors, with loud voice, charisma, and definitive attitude. Most women in journalism don’-t display those qualities.
Max, fire the journalists and put real pundits on your TV show.
Previous blog posts by Chris F. Masse:
- The letter David Pennock will never send out —well, we hope.
- Monitor the web traffic of TradeSports.com, InTrade.com, BetFair.com, Betdaq.com, NewsFutures.com, HubDub.com, etc. —thanks to Google Trends.
- Here’s the way to promote innovation for entry-order and analysis software packages —separate the 2 functions.
- Ugly things happened before BetFair was invented
- Tiny API delay for non-UK customers of BetFair —since all international BetFair bettors, traders and gamblers are now served from Malta, not from London.
- CLOCK IS RUNNING FAST: 17 days to go, if we want to counter AEI’s push for not-for-profit prediction exchanges.
- In the for-profit vs not-for-profit debate, our prediction market luminaries, doctored by Bob, are on the wrong side of the issue.