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  • Format: ePub

This Element is an excerpt from Never Buy Another Stock Again: The Investing Portfolio That Will Preserve Your Wealth and Your Sanity (9780137071555) by David Gaffen. Available in print and digital formats.
When the major financial media picks stocks, watch out and stay away! Here's why...
The fascination of stock picking won't go away, no matter how much bear markets hammer the financially uneducated. It gets truly dangerous when a particular stock or sector or market attracts the media, which arrives long after smart investors did. Three professors wrote in the Financial Services…mehr

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Produktbeschreibung
This Element is an excerpt from Never Buy Another Stock Again: The Investing Portfolio That Will Preserve Your Wealth and Your Sanity (9780137071555) by David Gaffen. Available in print and digital formats.

When the major financial media picks stocks, watch out and stay away! Here's why...

The fascination of stock picking won't go away, no matter how much bear markets hammer the financially uneducated. It gets truly dangerous when a particular stock or sector or market attracts the media, which arrives long after smart investors did. Three professors wrote in the Financial Services Review that "professional analysts are successful with the momentum strategy but individual investors are not..."


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Autorenporträt
David Gaffen, Markets Editor for Thomson Reuters, supervises and posts to Reuters.com's Global Investing Web blog. He founded and served as main contributor to The Wall Street Journal's MarketBeat blog, which he established in 2006 and managed for three years. During that time, he covered Wall Street from its high to the very lows of 2008 and into the recession of 2009, gaining a reputation as a trend spotter and astute markets analyst. Gaffen has appeared on Fox Business, CNN International, and National Public Radio.