CNBC -- critique. Message Board

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Pastimes : CNBC -- critique.

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To: Ted David who wrote (1360)	8/9/1998 2:11:00 AM
From: capitalistbeatnik	Read Replies (1) of 17683

<< That notwithstanding, seems to me that an investor would want as much information as possible before making decisions that can affect his/her wealth. >> Actually, there is a concept of rational ignorance, meaning that sometimes information can be a waste of time and distract from more important pursuits. Which is why an index fund is a perfect example of rational ignorance. Which is also why CNBC should stop asking pundits who have no clue which way the market is heading. But I am still looking for a response. If it doesn't help you beat the averages, why bother?

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