This year. We're going Beyond.

Ep. 27. How To Read The Financial News

iTunes | Spotify | Castbox | YouTube 

About this episode:

In this Australian Finance Podcast episode we discuss how we go about using and consuming financial media, and discuss some of the ideas the experts have on how best to filter through the mud.

  • Who should you listen to?
  • Do they know what they’re talking about?
  • Are my previously held opinions incorrect?
  • Are their claims based on fact, fiction or FLUFF?
  • Have they cherry picked their numbers and statistics?

Resources

Read stuff you disagree with, written by people you respect. Charlie Munger says a prerequisite to having an opinion is stating the opposing side’s view as well as they can. 

Every piece of financial news you read should be filtered by asking the question, “Will I still care about this in a year? Five years? Ten years?” The goal of information should be to help you make better decisions between now and the end of your ultimate goals.

Read old news and you’ll quickly see that the life expectancy of your goals is higher than that of the vast majority of headlines.

Three Questions to Ask

  • Is the article based on data or opinion?
  • Is it descriptive of past conditions or predictive of the future?
  • Does the article have a testable hypothesis?

Sources:

  • LISTENER DISCOUNT: we are offering $100 off all of our premium investment memberships and courses  – use code ‘AFP‘ at checkout and click here to learn more.

Share this episode:

Share on facebook
Share on twitter
Share on linkedin
Share on email
Share on whatsapp

The official Sponsor of The Australia Finance Podcast

Rask’s Australian Finance Podcast series is proudly supported by ETF Securities. Click the banner below to learn more about the official supporter of our leading podcast series.

Search finance answers:
Generic filters

Like our podcast? Join our newsletter!

Like our podcast? Join our newsletter.

Our free newsletter makes managing your money or investing for the first time (or the last time) easy as 1-2-3. Join today and we’ll send you our favourite podcasts, online courses, resources, articles and updates this week, plus a weekly update every Sunday morning. Unsubscribe anytime.

arrow-03

Like our podcast?
Join our newsletter!

Our free newsletter makes managing your money or investing for the first time (or the last time) easy as 1-2-3. Join today and we’ll send you our favourite podcasts, online courses, resources, articles and updates this week, plus a weekly update every Sunday morning. Unsubscribe anytime.

Join the short list

Make sure you keep an eye on your email, we will be in touch soon.