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The Financial Media Is A Shill For Your Broker

Friday, November 23, 2012 - 12:25 PM
Investors who rely on predictions about future stock prices often pay a penalty. Brokers always win, whether the stock goes up or down. There is no peer-reviewed data indicating anyone has the expertise to predict stock prices with accuracy greater than you would expect from random chance. Why then do so many financial journalists do it?

The Financial Media is a Shill for Your Broker - On Retirement (usnews.com)
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ShorebreakShorebreak2,599 posts since
Apr 6, 2010
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