Why You Should Ignore the Financial Media…

If You Are a Patient, Long Term Investor

It is no surprise to anyone who knows me that I find very little financial or investment value from the financial media. I don’t see any entertainment value either.

While there are many talented journalists who write valuable and insightful articles, for better or worse the Internet has fragmented things so much that it is virtually impossible for us to distinguish what is fact versus opinion, fact versus fiction, or if something has some sort of hidden bias or narrative.

From my perspective, I can’t see these current trends changing. If anything they will only get worse. In fact, I think these trends are a huge negative and a major distraction for any long term, goal focused, disciplined and patient investor.

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