Investing via Media Market Timing

Yesterday, I discussed why the Barrons vs Cramer debate was irrelevant, and why people should never invest based on what they watch on TV.

A number of commentors observed that despite the many exhortations to think of television as merely entertainment, many a fool are still watching Mad Money for investing insights.

When I wrote the Lose the News column, I referenced Neal Frankle’s book, Why Smart People Lose a Fortune. Given that so many people still haven’t figured out what TV and the finacial press are for, perhaps its time to revisit the charts from Frankle’s book:


Lose the News: A Graphic Depiction

All charts via Why Smart People Lose a Fortune


Barron’s vs. Cramer, Part II (February 2009)

Apprenticed Investor: Lose the News
Barry Ritholtz
The, June 16 2005

Cramer’s Star Outshines His Stock Picks
Barron’s FEBRUARY 7, 2009

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