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Technology Stocks : All About Sun Microsystems

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To: Mephisto who wrote (29134)3/17/2000 11:45:00 PM
From: fuzzymath  Read Replies (1) of 64865
 
WSJ: "the news is old." Right! And every day you get quotes from 5 money managers who think the market is about to surge and 5 others who think the first 5 are crazy. The WSJ doesn't give you recommendations on what to buy or when to buy or sell. Occasionally they'll print investment tips for beginners.

No, you can't get rich from reading the WSJ. From reading the quotes from the many very highly paid experts who all disagree on what companies are best, where the market's going, etc., how could you possibly select a strategy?

But, isn't any investment an independent investor makes actually based on "old news"? What else do we have to go on except what's been reported somewhere? For anyone who makes their own investment decisions, old "news" becomes your knowledge base, the raw material to which you apply your ideas for what the future holds. So in that sense, good news sources (I like WSJ and Economist) are a critical part of an investor's toolkit.

Kevin
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