I'm trying to teach myself how to invest, and how to perform financial analysis on a company. A part of this effort involves reading the financial news everyday.
After several weeks of trying to make sense of all the stuff that comes out of Wall Street analysts' mouths, of trying to find patterns between a company's earnings report and its stock price movement, I've come to realize this: nearly all of the pseudo-journalistic babble coming out of financial media outlets is total nonsense. Crap. BS. Piggy-wiffle.
Which leads me to Sturgeon's law: "90 percent of everything is crud".
You may not have heard of Theodore Sturgeon until now, but you have to agree he's a genius! Seldom has such truth been spoken so succintly.