Posts filed under “Financial Press”

Investing via Media Market Timing

Yesterday, I discussed why the Barrons vs Cramer debate was irrelevant, and why people should never invest based on what they watch on TV.

A number of commentors observed that despite the many exhortations to think of television as merely entertainment, many a fool are still watching Mad Money for investing insights.

When I wrote the Lose the News column, I referenced Neal Frankle’s book, Why Smart People Lose a Fortune. Given that so many people still haven’t figured out what TV and the finacial press are for, perhaps its time to revisit the charts from Frankle’s book:

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Lose the News: A Graphic Depiction

All charts via Why Smart People Lose a Fortune

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Previously:
Barron’s vs. Cramer, Part II (February 2009)

http://www.ritholtz.com/blog/2009/02/barrons-vs-cramer-part-ii/

Sources:
Apprenticed Investor: Lose the News
Barry Ritholtz
The Street.com, June 16 2005

http://www.thestreet.com/story/10228215/1/apprenticed-investor-lose-the-news.html

Source:
Cramer’s Star Outshines His Stock Picks
BILL ALPERT
Barron’s FEBRUARY 7, 2009

http://online.barrons.com/article/SB123397107399659271.html

Category: Apprenticed Investor, Financial Press, Markets

Barron’s vs. Cramer, Part II

We add another chapter in the ongoing debate between Barron’s, the weekly paper that is sister to the WSJ, and James Cramer, the former hedge fund manager now turned pundit/CNBC star/game show host. The back and forth between CNBC and Barron’s amounts to an absurd debate over what Cramer’s stock picking record on the show…Read More

Category: Financial Press, Hedge Funds, Really, really bad calls, Television

Barron’s vs. Cramer: The Charts

Barron’s observes: “By most measures, Jim Cramer did worse than the market, but CNBC and the TV journalist have taken few steps to clarify his exact performance for his show’s growing audience.” Here are the charts Barron’s uses to make their argument:

Category: Digital Media, Financial Press, Really, really bad calls, Television

Undermployment is a Key Political Statistic

Insight with Bloomberg Editor-in-Chief Tom Keene (In Focus)

Bloomberg, February 05, 2009

Category: Credit, Economy, Employment, Financial Press, Video

Business Magazine Advertising Pages

There is an interesting interactive graphic at NYT.com this morning on total advertising pages for magazines. As you would expect, ad sales are mostly down for print. The one-two punch of the secular move to the internet and the cyclical effects of the recession are hurting ad sales. (Time and Newsweek are each down 24%)….Read More

Category: Economy, Financial Press, Markets

Q4 Nominal GDP: Worst Since 1958

Yesterday, I was busy dealing with two big projects: John Mauldin’s newsletter, and interviewing new publishers for the next book (no, it ain’t gonna be McGraw Hill again). This kept me away from my favorite wonk activity, dissecting the latest government data dump. Or as it is known on college campuses across the land, Intro…Read More

Category: Data Analysis, Economy, Financial Press, Markets

BBC: THE ORACLE (part II)

Max Keiser ‘s BBC show THE ORACLE January 16th 2009 part 2 of 2

THE ORACLE January 16th 2009 part 2 of 2 with Max Keiser and Stacy Herbert ;

guests are : Ullrich Fichtner , Nigel Eccles, Alec Baldwin and Carrie Quinlan ;

sujects are : what free spending and credit addicted economies like the US and UK can learn from the more prudent Germans, and what difference an Obama presidency might make?

Category: Bailouts, Financial Press, Humor, Markets, Video

BBC: THE ORACLE (part I)

Lovable financial curmudgeon, goldbug, and activist Max Keiser has a new show on BBC Worldwide: The Oracle, in which he predicts the future outcomes of today’s financial chaos.

THE ORACLE January 16th 2009 part 1 of 2 with Max Keiser and Stacy Herbert ;

guests are : Ullrich Fichtner , Nigel Eccles, Alec Baldwin and Carrie Quinlan ;

sujects are : what free spending and credit addicted economies like the US and UK can learn from the more prudent Germans, and what difference an Obama presidency might make?

via boingboing

Part II tomorrow evening!

Category: Bailouts, Financial Press, Humor, Video

Bush’s Economic Mistakes

With all inauguration coverage, all the time today, I thought we might try to keep the focus on erconomic/market related matters. Time magazine has an article on Bush’s economics mistakes that I would direct you to except for the annoying 9 page clicks required (click whores!). Rather than send you there, I’ll give you the…Read More

Category: Economy, Financial Press, Markets, Politics, Regulation

Barron’s Mea Culpa

One of the criticisms I regularly make about the Financial Media is their lack of accountability for their own bad advice, as well as that of the many awful guests they have on. Its a wonder that some people get quoted or appear on television so regularly, given their lack of acumen, insight and terrible…Read More

Category: Financial Press, Markets, Trading