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Don't Trust a Single Media Source
Events
Starting Date: Sunday, February 23, 2025
Ending Date: None
AI and Wealth Management – On-Demand
https://truesdellwealth.com/events
Starting Date: Wednesday, March 5, 2025
Ending Date: Sunday, March 23, 2025
The Truesdell Military Portfolio – Seven Company Profile
https://truesdellwealth.com/events
Friday, March 21st, 2025 at 6:30 pm
Casual Cocktail Conversation at the Stonewater Club
In-Person – Reservations Required – Text or Call 352-612-1000
“or” use the Contact Form: https://truesdellwealth.com/events/rsvp
https://truesdellwealth.com/events
Tunnel to Towers Benefit Concert
The Truesdell Companies the primary sponsor sponsor of the Eirinn Abu benefit concert for Tunnel to Towers, on February 28th at the Circle Square arena in Ocala, Florida. XXX
Podcast Personality
Paul Grant Truesdell | Founder & CEO
J.D., AIF, CLU, ChFC, RFC
The Truesdell Companies
The Truesdell Professional Building
200 NW 52nd Avenue
Ocala, Florida 34482
212-433-2525 - Switchboard
[email protected] - General Email
Websites
truesdellwealth.com
Truesdell.net
PaulTruesdell.com
youtube.com/@truesdellwealth
Find The Paul Truesdell Podcast also at:
Apple | https://podcasts.apple.com/us/podcast/the-paul-truesdell-podcast/id1586024560
Spotify | https://open.spotify.com/show/2BYDLetiMboIGRFPjIkglJ
Transistor | https://thepaultruesdellpodcast.transistor.fm/episodes
LinkedIn: https://www.linkedin.com/in/paul-grant-truesdell?lipi=urn%3Ali%3Apage%3Ad_flagship3_profile_view_base_contact_details%3BUuNTfp3aQRyLPjGywquQRQ%3D%3D
Rough Notes
Paul Grant Truesdell, J.D., AIF
Have you ever noticed how some news articles grab your attention with flashy headlines, only to pull back and say, Well, maybe it's not as well big a deal as you think. Now, this is something that's a real problem in the financial services industry, especially with organizations like AARP Money Magazine and now the Wall Street Journal, because that is exactly what the Wall Street Journal did in an article that appears on Monday, February 24 2025 in their piece on Apple's $500 billion US investment. Now, at first glance, the headline sounds almost transformative. Really does a massive injection of cash into United States manufacturing complete with plans for new facilities and training centers, and they talk about empowering people, specifically in Detroit, and Detroit needs some real help.
Speaker 1
You are listening to the Paul Truesdell podcast sponsored by Truesdell wealth and the other Truesdell companies. Note, due to our extensive holdings and our clients always assume that we have a position in all companies discussed and that a conflict of interest exists. The information presented is provided for entertainment and informational purposes only. Truesdell wealth is a registered investment advisor,
Paul Grant Truesdell, J.D., AIF
so a massive injection of cash into US manufacturing, and we need it, new facilities, new training centers. So you can see it's kind of easy to get excited about the idea that Apple is fueling a manufacturing revolution, which is what we need here in the United States. But now the takeaways as you read the article, the tone begins to shift very subtly. The article starts to peel away the initial excitement by pointing out that a lot of this spending may already be part of Apple's regular financial playbook. Of course it is. Of course they're going to say this because Trump is getting along with people in Silicon Valley. Trump is a different person from what he was in the 45th term. Trump and people like Tim Cook are actually talking to one another, so they're doing the takeaway saying, well, Apple probably is already doing this, and see, for instance, it highlights that Apple has spent over 1.1 trillion in the last four years, with projections for nearly 1.3 trillion in the coming years. So what they're doing is saying, Well, this puts a different light on $500 billion that's not such a big deal, a takeaway, and they say things like, it may not be the sudden surge in new investment after all, but rather a restatement of what the company was already planning. This is disingenuous. This is yellow journalism, and the Wall Street Journal does it all the time. In other words, the big number might not actually signal any groundbreaking change. It could simply be a reflection of Apple's established spending habits. You see, you never want to give credit to someone you dislike. You don't do it, and that's what's going on here. Well, there's this interesting twist. The article mentions that President Trump took to his truth social platform to thank Tim Cook and Apple for this move. On the surface, that might seem like a significant endorsement, however, the piece then quickly undercuts it. They undercut their enthusiasm by emphasizing that even Trump's praise can't change the underlying facts about Apple's spending patterns. Really, it goes on to suggest that the investment, while impressive at first glance, is nothing more than business as usual, really, this kind of narrative, this strategy subtly casts it very subtly Okay, cast doubt on the true impact of the announcement, making it seem like, well, the investment is less than innovative. It's not transformative as well. They say it is. What's really striking here is how little well justification anyone can make for this kind of yellow journalism. You know, the Wall Street Journal uses these takeaways continually to reshape a story. I have noticed over the years, and I've had a subscription to The Wall Street Journal going back to 1974 I've seen over and over and I've talked about this past. Privately, but I'm going to come out publicly. They stink. They really stink. Now, initially, you're presented with this grand, bold claim Apple's enormous investment could redefine domestic manufacturing, and then, through carefully qualifying their language, the piece goes on to say that much of this spending is already expected, really like you sit at the table with Trump and Tim Cook, but then they go on and say that the supposed innovation might just simply be a rehash of the status quo. It's a classic example of a narrative twist, a takeaway where the facts are technically accurate, but presented in a way that minimizes their significance. Here's the thing, minimizing significance. Now the Ocala Star Banner, when it was a real paper and published and it was located on Easy Street, nothing against the men and the handful of people that are left, if these are even a handful, might be two reporters left. You know, when you had people like Brad Rogers the editorial board, you had Jim Parsons running the operation there again, when newspapers were real again, I'm going to say it all these newspapers, they died because they were locked in a mindset. They didn't understand the change. They wouldn't change when they got left behind, when that was going on. It was horrible. These people wrote articles with lots of takeaways, always opining, I hated it. Absolutely hated it. If you were ever the subject of one of their attacks, it was horrible. And the Wall Street Journal is joining that they're joining that category. So yeah, they minimize the significance. And this technique is really difficult for readers, especially those who are not in the financial services industry like I am. And if they're trying to find clear and unambigu unambiguous data to figure out what they want to invest in or how things should work. It's disingenuous. It's horrible, it's ambiguous. They always it's not genuine. Is these folks are bad news. Now look, in the broader sense, in a broader sense, this approach should be on the editorial pages exclusively. And editorials should be clearly marked on the editorial page. They should not be mixed in with ...
View all episodes
By Paul Grant Truesdell, JD., AIF, CLU, ChFCEvents
Starting Date: Sunday, February 23, 2025
Ending Date: None
AI and Wealth Management – On-Demand
https://truesdellwealth.com/events
Starting Date: Wednesday, March 5, 2025
Ending Date: Sunday, March 23, 2025
The Truesdell Military Portfolio – Seven Company Profile
https://truesdellwealth.com/events
Friday, March 21st, 2025 at 6:30 pm
Casual Cocktail Conversation at the Stonewater Club
In-Person – Reservations Required – Text or Call 352-612-1000
“or” use the Contact Form: https://truesdellwealth.com/events/rsvp
https://truesdellwealth.com/events
Tunnel to Towers Benefit Concert
The Truesdell Companies the primary sponsor sponsor of the Eirinn Abu benefit concert for Tunnel to Towers, on February 28th at the Circle Square arena in Ocala, Florida. XXX
Podcast Personality
Paul Grant Truesdell | Founder & CEO
J.D., AIF, CLU, ChFC, RFC
The Truesdell Companies
The Truesdell Professional Building
200 NW 52nd Avenue
Ocala, Florida 34482
212-433-2525 - Switchboard
[email protected] - General Email
Websites
truesdellwealth.com
Truesdell.net
PaulTruesdell.com
youtube.com/@truesdellwealth
Find The Paul Truesdell Podcast also at:
Apple | https://podcasts.apple.com/us/podcast/the-paul-truesdell-podcast/id1586024560
Spotify | https://open.spotify.com/show/2BYDLetiMboIGRFPjIkglJ
Transistor | https://thepaultruesdellpodcast.transistor.fm/episodes
LinkedIn: https://www.linkedin.com/in/paul-grant-truesdell?lipi=urn%3Ali%3Apage%3Ad_flagship3_profile_view_base_contact_details%3BUuNTfp3aQRyLPjGywquQRQ%3D%3D
Rough Notes
Paul Grant Truesdell, J.D., AIF
Have you ever noticed how some news articles grab your attention with flashy headlines, only to pull back and say, Well, maybe it's not as well big a deal as you think. Now, this is something that's a real problem in the financial services industry, especially with organizations like AARP Money Magazine and now the Wall Street Journal, because that is exactly what the Wall Street Journal did in an article that appears on Monday, February 24 2025 in their piece on Apple's $500 billion US investment. Now, at first glance, the headline sounds almost transformative. Really does a massive injection of cash into United States manufacturing complete with plans for new facilities and training centers, and they talk about empowering people, specifically in Detroit, and Detroit needs some real help.
Speaker 1
You are listening to the Paul Truesdell podcast sponsored by Truesdell wealth and the other Truesdell companies. Note, due to our extensive holdings and our clients always assume that we have a position in all companies discussed and that a conflict of interest exists. The information presented is provided for entertainment and informational purposes only. Truesdell wealth is a registered investment advisor,
Paul Grant Truesdell, J.D., AIF
so a massive injection of cash into US manufacturing, and we need it, new facilities, new training centers. So you can see it's kind of easy to get excited about the idea that Apple is fueling a manufacturing revolution, which is what we need here in the United States. But now the takeaways as you read the article, the tone begins to shift very subtly. The article starts to peel away the initial excitement by pointing out that a lot of this spending may already be part of Apple's regular financial playbook. Of course it is. Of course they're going to say this because Trump is getting along with people in Silicon Valley. Trump is a different person from what he was in the 45th term. Trump and people like Tim Cook are actually talking to one another, so they're doing the takeaway saying, well, Apple probably is already doing this, and see, for instance, it highlights that Apple has spent over 1.1 trillion in the last four years, with projections for nearly 1.3 trillion in the coming years. So what they're doing is saying, Well, this puts a different light on $500 billion that's not such a big deal, a takeaway, and they say things like, it may not be the sudden surge in new investment after all, but rather a restatement of what the company was already planning. This is disingenuous. This is yellow journalism, and the Wall Street Journal does it all the time. In other words, the big number might not actually signal any groundbreaking change. It could simply be a reflection of Apple's established spending habits. You see, you never want to give credit to someone you dislike. You don't do it, and that's what's going on here. Well, there's this interesting twist. The article mentions that President Trump took to his truth social platform to thank Tim Cook and Apple for this move. On the surface, that might seem like a significant endorsement, however, the piece then quickly undercuts it. They undercut their enthusiasm by emphasizing that even Trump's praise can't change the underlying facts about Apple's spending patterns. Really, it goes on to suggest that the investment, while impressive at first glance, is nothing more than business as usual, really, this kind of narrative, this strategy subtly casts it very subtly Okay, cast doubt on the true impact of the announcement, making it seem like, well, the investment is less than innovative. It's not transformative as well. They say it is. What's really striking here is how little well justification anyone can make for this kind of yellow journalism. You know, the Wall Street Journal uses these takeaways continually to reshape a story. I have noticed over the years, and I've had a subscription to The Wall Street Journal going back to 1974 I've seen over and over and I've talked about this past. Privately, but I'm going to come out publicly. They stink. They really stink. Now, initially, you're presented with this grand, bold claim Apple's enormous investment could redefine domestic manufacturing, and then, through carefully qualifying their language, the piece goes on to say that much of this spending is already expected, really like you sit at the table with Trump and Tim Cook, but then they go on and say that the supposed innovation might just simply be a rehash of the status quo. It's a classic example of a narrative twist, a takeaway where the facts are technically accurate, but presented in a way that minimizes their significance. Here's the thing, minimizing significance. Now the Ocala Star Banner, when it was a real paper and published and it was located on Easy Street, nothing against the men and the handful of people that are left, if these are even a handful, might be two reporters left. You know, when you had people like Brad Rogers the editorial board, you had Jim Parsons running the operation there again, when newspapers were real again, I'm going to say it all these newspapers, they died because they were locked in a mindset. They didn't understand the change. They wouldn't change when they got left behind, when that was going on. It was horrible. These people wrote articles with lots of takeaways, always opining, I hated it. Absolutely hated it. If you were ever the subject of one of their attacks, it was horrible. And the Wall Street Journal is joining that they're joining that category. So yeah, they minimize the significance. And this technique is really difficult for readers, especially those who are not in the financial services industry like I am. And if they're trying to find clear and unambigu unambiguous data to figure out what they want to invest in or how things should work. It's disingenuous. It's horrible, it's ambiguous. They always it's not genuine. Is these folks are bad news. Now look, in the broader sense, in a broader sense, this approach should be on the editorial pages exclusively. And editorials should be clearly marked on the editorial page. They should not be mixed in with ...