Due to the advancement in communications we have today, as the internet, financial newspapers and television channels focused on investing like CNBC are means of high-speed information-filled talk nonsense. All these sources are indications that there is no shortage of media people trying to answer our questions about the stock market and especially on stocks. You have to remember that the news media are constantly competing to survive against other channels, which you may or may not see. If they do not hear like they know exactly what is happening or what is in fashion, then you stop seeing your presentations. If you do not tune their exhibition schedule then their rates go down. If your rates have fallen they are fired and the presentation is canceled.
This means that financial journalists are in the business in search of news or great stories to well designed as the authority on the subject, no matter who you talk to. The stock market is a great place for them to look for sensational stories that feed the public. Do not check the facts very well and sometimes not do. This means that an executive with inside information ("insider") who wants to cause a false expectation all you have to do is maintain good connections with financial journalists, sponsors and investment programs, or outright buying a TV channel like Jack did Welsh, CEO of GE when he created CNBC. What a great way for inside executives to control the flow of information the public receives through having one of the few television financial news! ... But this is not so good for you. These journalists also stoke the fire by bringing in large "experts" to discuss the different views of an issue that the real experts do not consider important.
This only makes it confusing for the public to understand that it is important to buy or sell securities. Programs such as CNBC "Closing Bell", "Kudlow & Company" and "Mad Money" do nothing but confuse and misdirect give most investments are in public. Worse, this means that the financial news coming out into the public allow overpriced stocks to be recommended via the Internet analysis, when executives handlers try to get out of the market. This incident took place at the top of the bull market of 1999. For a great historical account of what happened read Maggie Mahar's book entitled "Bull."
The famous economist at Yale University, Prof. Bob Shiller, Ph.D. is particularly hard on the media in his book "Irrational Exuberance" (Exuberance Iraccional). Dr. Shiller is one of the most respected economists Alan Greenspan (chief executive of the U.S. Federal Reserve) and who got the term irrational exuberance. Dr. Shiller described the media as a place where opinions are preferred over shallow depth analysis. I completely agree with it and understand it also is just because the industry prefers to have the individual investor confused and emotionally vulnerable to sell or buy when they want with total disregard for the best interests of the investor.
People who had invested their life savings in the stock market were looted because the financial news in the media and analysts to exaggerate what was a large purchase of shares in the very top of the bull market in 1999 and 2000. At the same time manipulative corporate executives sold everything they had. What is amazing is that our Federal Government in the form of "Security Exchange Commission" never did anything about it. There was never any case or protest against these executives, which somehow magically, they sold all their shares six months before the market collapsed.
Here's a valuable tip to consider for yours: If you are a beginner investor it is important to NOT SEE THE NEWS OR READ THE NEWSPAPERS from Empire State! Do not let the stock market lead to your bankruptcy. Do not listen to what they want you to listen. You should focus on learning what is important to the stock market before acting. The press are only going to confuse you until you have lost your money.
This means that financial journalists are in the business in search of news or great stories to well designed as the authority on the subject, no matter who you talk to. The stock market is a great place for them to look for sensational stories that feed the public. Do not check the facts very well and sometimes not do. This means that an executive with inside information ("insider") who wants to cause a false expectation all you have to do is maintain good connections with financial journalists, sponsors and investment programs, or outright buying a TV channel like Jack did Welsh, CEO of GE when he created CNBC. What a great way for inside executives to control the flow of information the public receives through having one of the few television financial news! ... But this is not so good for you. These journalists also stoke the fire by bringing in large "experts" to discuss the different views of an issue that the real experts do not consider important.
This only makes it confusing for the public to understand that it is important to buy or sell securities. Programs such as CNBC "Closing Bell", "Kudlow & Company" and "Mad Money" do nothing but confuse and misdirect give most investments are in public. Worse, this means that the financial news coming out into the public allow overpriced stocks to be recommended via the Internet analysis, when executives handlers try to get out of the market. This incident took place at the top of the bull market of 1999. For a great historical account of what happened read Maggie Mahar's book entitled "Bull."
The famous economist at Yale University, Prof. Bob Shiller, Ph.D. is particularly hard on the media in his book "Irrational Exuberance" (Exuberance Iraccional). Dr. Shiller is one of the most respected economists Alan Greenspan (chief executive of the U.S. Federal Reserve) and who got the term irrational exuberance. Dr. Shiller described the media as a place where opinions are preferred over shallow depth analysis. I completely agree with it and understand it also is just because the industry prefers to have the individual investor confused and emotionally vulnerable to sell or buy when they want with total disregard for the best interests of the investor.
People who had invested their life savings in the stock market were looted because the financial news in the media and analysts to exaggerate what was a large purchase of shares in the very top of the bull market in 1999 and 2000. At the same time manipulative corporate executives sold everything they had. What is amazing is that our Federal Government in the form of "Security Exchange Commission" never did anything about it. There was never any case or protest against these executives, which somehow magically, they sold all their shares six months before the market collapsed.
Here's a valuable tip to consider for yours: If you are a beginner investor it is important to NOT SEE THE NEWS OR READ THE NEWSPAPERS from Empire State! Do not let the stock market lead to your bankruptcy. Do not listen to what they want you to listen. You should focus on learning what is important to the stock market before acting. The press are only going to confuse you until you have lost your money.
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