October 15, 2008


Executive Summary

OK, here's the Reader's Digest version of yesterday's blog:

1.) the media will always emphasise negative news

2.) stock market volatility is caused by a combination of negative opinions, enormous media exposure, emotional responses, lack of research and too much opinion without second thoughts

3.) the stock market responds to economic news, NOT the other way around

4.) buy low - sell high

5.) news programs (including business news) are more about entertainment than information

6.) having an attention span longer than a gnat will make you money

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