The Media's Public Financial Education

Investors get most of their financial and business education from the media, especially brief bytes and headlines.

Schools don’t provide an adequate underpinning of information for students to be able to comprehend economics and finance. As a result, the public cannot evaluate the bombardment of ads, nor headlines that apply to finance and business topics, or meaningful explanations from inept media sources.

They therefore get biased, one-sided opinions without any contrasting arguments or alternatives from headlines or inadequate financial and business articles.

Brokers and advisers cited in the media frequently promote a particular point of view. The media often poorly screens content.

Remember also, the importance of investor age, family status, personal psychology, finances and risk status. These have lots to do with investment choice, Media slants often neglect them.

So stay alert to basics and avoid tips from questionable media sources. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole tweets.)