Apart from ads, folks unfortunately get most of their financial and business education from headlines.
Don’t expect schools to provide an adequate underpinning of information for students to comprehend economics and finance in the real world. As a result, the public cannot evaluate the bombardment of ads, nor the headlines that apply to finance and business topics.
And they cannot expect meaningful explanations from inept media sources.
They therefore get biased, one-sided opinions without any contrasting arguments or alternatives to what headlines or inadequate financial and business articles intimate.
Brokers and advisers cited in the media frequently promote a particular point of view, when discussing securities. The media often poorly screens content.
And remember the importance of investor age, family status, personal psychology, finances and risk status, have lots to do with investment choice, Media slants often neglect them.
The solution? As I always say in my expanded writings, stay alert to basics and avoid tips from questionable sources. ( See the Earl J Weinreb NewsHole® comments.)
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