Journalistic Karma
Are you still getting your investment advice from the popular media? Why? Can you imagine publishing an article like this;
On a day the market does this;
After a month like this;
Obviously, they don’t get paid for good investment advice, do they?
I’m ready for the media to shut up about the stock market, actually. For five years, from 2002 until until last year, they barely said a word and my investments did exceptionally well. As soon as they started yapping about it, it tumbles.
You could call it the Gore Effect for financial writers, i suppose.
