This article by Robert Powell of Marketwatch, titled “Five common investing mistakes to avoid” is short and sweet. Advice lists are a dime a dozen, but these five isolated investment mistakes are still worthy of note. Why then have I included this article in the Useless Buzz section then? I just believe you will get the most out of these five mistakes if you simply read the mistakes, and skipped the logic and reasoning behind them. Keep these “rules of thumb” in mind when investing, but don’t use them as ov
I did a bit better with that quote by Cicero. Below are just a few randomly picked articles on this Goldman Sachs issue. They are fun reads filled with dramatic rhetoric.
From CNNMoney.com:
http://money.cnn.com/2010/04/16/news/companies/sec.goldman.fortune/
From The New York Times:
Drake Bennet published an article titled "Easy = True" in the Boston Globe on cognitive fluency, back at the end of January. I’m a sucker for this psychology stuff and reading about how and what makes people tick, and then running my own meager social experiments at the expense of my friends and family. This article is well worth the read. Like me you will probably find the subject of cognitive fluency fascinating, and perhaps find yourself admiring how “averagely beautiful” you are in the mirror. However, no one shou
This is just a great representation of all the other "advice" that floats around in cyberspace, on TV and in windswept newspapers throughout our lives. If you were to follow the advice given in this article to make your investment decisions you would be drawn and quartered, without actually getting anywhere. Remember, everyone is an expert, and there is someone willing to take up any side of any argument any day of the week - Either for as long as someone will listen, or until the other side of the argument becomes more appealing.
I have focused on this article for two simple reasons. First it looks bad. It is pessimistic, and thus, during the current state of affairs in our country's economy, it is very powerful. Due to the over-weighting power bad news has during bad times, I feel that every story of impending doom needs to be held in check long enough to be analyzed logically with our emotions on the sideline. Second, this is simply a forecast, from an economist and an academic. What is a forecast?
At face value most people would agree with this article. It speaks about controlling compensation packages for high-level executives at businesses and banks that are receiving bailout money. I fully agree with this. It is the American taxpayers who are funding these bailouts, and are thus now part owners. We should have some say in how things are done, and one obvious point is that we don't want these head honchos getting bonuses for poor work that we are paying for. However, as to the government possibly being able to
I chose this article as useless buzz, mainly to draw attention to the fact that you shouldn't use this as a reinforcement to follow suit. First off, it is good to be privy to the knowledge that much of the purchases of these 0% T-bills may be by large portfolio managers as "window dressing" as a way to make their portfolios look better and safer to their investors. Second, if you are an individual investor, thinking you should follow suit and sell everything you have and buy some 0% interest bearing, safe government bonds, employ some common sense first. Just from a small amount of re
Like so many media outputs out there this story is a big douse of shocking cold water in your face, with the major premise being based upon limited or cherry-picked information and offered as truth. However this truth is simply a poor overdressed generalization prodded and poked to take the main stage. There is nothing wrong with what is said in the article. Its information is taken from a reputable source. However, do not extrapolate truth from statements without doing some of your own investigative work. The vast majority of U.S.
The basis of this article is that the dramatic drop in oil prices stems from weakening demand due to investors' belief of a severe economic slowdown. Another statement in the article refers to oil now being correlated to the stock market. First, although the oil/stock market correlation debate seems to be ever present, the majority of actual studies you can find with a little research will show that this correlation has never existed. To say that this correlation now exists, based on a few short months of data, is perhaps jumping the gun a bit.
The gathered students of the Zen Portfolio Manager Master could show no more restraint. The master, who had been meditating on the market for some time, was finally roused by his disturbing students' shouts and cries. "What will happen in the stock market today," they questioned excitedly. With a gleam in his eye, the master wisely stated, "I will tell you what happened tomorrow."
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