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A plea to provide more mutual fund data | Expert Views

A plea to provide more mutual fund data | Expert Views

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It was the 1960s and the cold war was at its peak. A race was organised between two top runners—one from the United States (US) and the other from the Soviet Union. The US runner beat his Soviet counterpart. The Soviet media needed to report the news positively. The spin it gave was, “Soviet finishes second, US runner ends second last.”


This episode is now part of the broader folklore about Cold War-era propaganda. It illustrates how information can be spun to influence public perception. It also highlights spin doctors ’ role in presenting factually correct but misleading

Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

First Published: Jul 14 2024 | 9:36 PM IST



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