As we note each year, the “best of” music lists provide a great vehicle for discovering music that we missed. During the year, the volume of interesting songs is so great that the expression “drinking from the fire hose” is appropriate. We try to read as many December lists possible.
Indie Obsessive uses the same ranking algorithm each year:
It’s an adaptation of an arbitrage pricing approach developed in 1973 by Fisher Black and Myron Scholes. The good news is that the complex portion is multiplied “0, so the complex portion is completely irrelevant to the outcome and should be ignored.
Consequently, the ranking of a particular song is based on its value of P, where P is personal “preference.” Pretty simple – if we like a song slightly more than another song, it ranks higher. The flaw in the process is that the P value for a song is dependent upon our mood at the time, so the order of songs is likely to change from one day to the next. But while the order may change, the songs remain on the list, so you probably don’t care.
It should be noted that the ranking reflects the blog's focus - Indie artists on the rise. The bias is toward bands that deserve more attention than they are currently receiving. Oh, and the 2017 qualification is based on when we discovered the song. With only a few exceptions, the songs were released in 2018. Those few bands welcome the additional exposure. So, we don't feel badly.