Years ago the print media was proud of its record of providing a thorough and accurate portrayal of current events. Agitators with an agenda were referred to as “yellow journalists”. Today we have a highly polarized electorate, catered to by an equally polarized media, which no longer believes in “all the news that’s fit to print,” but rather, all the news that fits our narrative.
This makes life difficult for investors. Obviously, investing requires a comprehensive understanding of the key issues. Simply reading the newspaper or watching TV will not do the job. Accordingly, successful investing is going to need some deeper digging, perhaps with the help of your advisor(s).
All comments and suggestions are welcome.
Walter J. Kirchberger, CFA