Finally I located an authoritative magazine that expresses my concerns on the validity of research broadcast in Channels dedicated to stock market.
I confess I do not understand why people buy stocks touted by pundits on stock shows. The only people who are believed to actually consistently beat the market are a handful of managers like Warren Buffett, who quietly amass companies and mint money off of them. They do this by,
first being freakily brilliant, and
second, spending virtually every waking hour thinking about companies, and
third, never giving their finds away to strangers for free.
If you are not one of these extreme outliers (and if you’re reading this blog, odds are you aren’t), you would almost certainly be better served by flipping off the stock show and sticking your money in index funds. Certainly, it’s safe to assume that free stock tips are probably worth what you pay for them.
