DealBook reports that a somewhat surprising cast of characters is arriving at the annual Allen & Co. Sun Valley, media investment conference.

Of all the investment conferences I know, due to its beautiful setting, leading players, and inevitable deal doing, this is the one I most regret not being able to attend. Regrettably, BloggingStocks is not sending me there. (Although to be fair, I never asked because I didn't know about it until today.) However, I can join everyone else in the world and follow along with those who are fortunate enough to attend.

Here's the list of some of the notable characters who have arrived so far:

The Big Three come together to discuss the global balance of power. The Yalta Conference?

No, the Milken Institute's 9th Annual Global Conference. Yesterday in Beverly Hills, media men from News Corp, AOL, and Walt Disney came together to powwow.

But you could certainly be forgiven for confusing the two. That's why I'm offering you, dear readers, a quick primer to keep these things straight:

The Yalta Conference vs. The Milken Institute: Which is Doper?

Players:

Yalta Conference: Franklin Delano Roosevelt, USA; Joseph Stalin, USSR; Winston Churchill, United Kingdom

Milken Institute: Jonathan Miller, AOL Chairman and Chief Executive; Robert Iger, Walt Disney Chief Executive; Peter Chernin, News Corp President and COO

Advantage: Yalta Conference

Location:

Yalta Conference: Yalta, a city in Ukraine, on the north coast of the Black Sea, 1945

Milken Institute: Beverly Hills, home of swimming pools, movie stars, and nip-and-tuck procedures

Advantage: Milken Institute