Five Tips for Savvier Consumption of Financial Media

A reporter working on a story about financial media asked me to contribute five tips for a sidebar on how consumers can be savvier in their, well, consumption.

Here’s what I came up with:

1. Remember that everyone has a bias or agenda. Everyone (me too! and you!).

2. Don’t confuse someone else’s time frame for your own.

3. Know that 95% of what you read is contextual information, not actionable (which is perfectly fine).

4. Ignore all forecasts and price targets, except for entertainment purposes.

5. Hierarchy: Books > Articles > Blogs > Tweets

I learned a lot about what I actually thought about this topic in the process of researching and writing my book, Clash of the Financial Pundits. Having gone through the entire history of financial commentary and forecasting, I came to some pretty dramatic realizations that have forever changed the way I look at markets and investing.

If you haven’t read it yet, what are you waiting for?

Clash of the Financial Pundits (Amazon)

This content, which contains security-related opinions and/or information, is provided for informational purposes only and should not be relied upon in any manner as professional advice, or an endorsement of any practices, products or services. There can be no guarantees or assurances that the views expressed here will be applicable for any particular facts or circumstances, and should not be relied upon in any manner. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment.

The commentary in this “post” (including any related blog, podcasts, videos, and social media) reflects the personal opinions, viewpoints, and analyses of the Ritholtz Wealth Management employees providing such comments, and should not be regarded the views of Ritholtz Wealth Management LLC. or its respective affiliates or as a description of advisory services provided by Ritholtz Wealth Management or performance returns of any Ritholtz Wealth Management Investments client.

References to any securities or digital assets, or performance data, are for illustrative purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others.

Wealthcast Media, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. For additional advertisement disclaimers see here:

Please see disclosures here.

What's been said:

Discussions found on the web
  1. tangerine banque commented on Jan 10

    … [Trackback]

    […] Here you will find 9425 additional Information to that Topic: […]

  2. Software testing company commented on Jan 11

    … [Trackback]

    […] Find More to that Topic: […]

  3. Philips FC6142/01 manuals commented on Jan 21

    … [Trackback]

    […] Read More here to that Topic: […]

  4. AJA HD10A manuals commented on Jan 21

    … [Trackback]

    […] Find More here on that Topic: […]

  5. cibc online commented on Jan 27

    … [Trackback]

    […] Info on that Topic: […]