Clash of the Financial Pundits: How the Media Influences by Joshua M. Brown, Jeff Macke

By Joshua M. Brown, Jeff Macke

The right way to SEPARATE the inside track FROM THE NOISE: WHAT each INVESTOR must be aware of

There isn't any scarcity of economic recommendation nowadays. From cocky cable pundits to nattering information columnists to off-grid on-line bloggers, there are extra so-called specialists than ever before—and the noise will be downright deafening.

This no-bull, bottom-line advisor from "The Reformed Broker" Josh Brown and Yahoo Finance's Jeff Macke might help you chop in the course of the cacophony and utilize today's media information. It's an eye-opening crash path in isolating monetary proof from fiction—featuring interviews with many of the world's so much influential traders, together with:

JIM CRAMER (Mad Money) takes you backstage of his polarizing television program—and talks approximately his conflict with Jon Stewart at the day-by-day Show.

HENRY BLODGET (Business Insider) stocks anecdotes approximately tangling with Eliot Spitzer, protecting the Martha Stewart trial, and launching his enterprise Insider web site as a "marked man."

BEN STEIN (Win Ben Stein's Money) finds how he relatively feels approximately Bernanke, Bogle, Buffett, and bailouts.

KAREN FINERMAN (CNBC's Fast Money) exposes the hype at the back of the headlines—and the "show biz" calls for on tv information pundits.

HERB GREENBERG (TheStreet.com) explains why traders have to stick with social media, the place the "real" information is disseminated.

BARRY RITHOLTZ (Bailout Nation) unearths his mystery for "watching" monetary TV.

You'll additionally locate helpful insights from the unique father of monetary television, Jim Rogers, and from James Altucher, the main shockingly sincere commentator within the heritage of the medium. And you'll get a front-row seat for the processing and packaging of the scoop and research every little thing you must learn about the conversing heads who form every one day's narrative.

Up-close. In-depth. All-true. Clash of the monetary Pundits is the single advisor that would swap how you examine markets and making an investment forever.

PRAISE FOR JOSH BROWN'S BACKSTAGE WALL STREET: "Much like Michael Lewis's Liar's Poker captured the essence of Nineteen Eighties institutional Wall highway, Brown's Backstage Wall Street re-creates the boiler room retail brokerage tradition of the Nineties and early 2000s in vibrant color." — FORBES

"Joshua Brown could be the funniest author on finance this day, yet Backstage Wall Street can make you cry greater than snigger. The buffoons, manipulators, and incompetents Brown parades ahead of us are the stewards of our retirement accounts." — BARRON'S

"Run don't stroll to learn Brown's chronicles of deception [perpetrated by means of] these incredible fogeys on Wall highway, who approximately bankrupted the world's economy a couple of brief years ago." — DOUGLAS A. KASS, Seabreeze companions administration, Inc.

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Sample text

Watching one of the great geniuses of human history succumb to the South Sea calamity reminds us that intellect and worldliness are not impregnable defenses against a mass delusion in full blossom. ” CH A P T ER 4 BEING RIGHT AND WRONG A CONVERSATION WITH BEN STEIN B en Stein wrote speeches for Nixon, prosecuted Wall Street fraud, worked as an economist, and has been a financial pundit. He’s written for the American Spectator, Yahoo Finance, and the New York Times, and he is the author or coauthor of 30-odd books.

If the show’s boring, I’m just going to say something mean to Pete. And that worked, because he’s a big meathead but really smart. But I overshot it in terms of arguing with you, and that’s not the same as overshooting it with Pete. FINERMAN: I don’t think of it that way — that’s interesting, of you overshooting it with me. MACKE: I thought it looked bad. I’m someone who holds the door for women. It’s just not natural for me to say things like I would to Pete. I’ll call him a meathead. I would never call a woman a meathead; even if she was, I wouldn’t.

None of the rest of the cast of Fast Money knew how she really got there. We just showed up one night to find Karen sitting in the middle of frenzied stylists, producers, and lackeys. She was reading financial reports while they were laser-focused on making her a basic cable version of bimbo hot. It was dehumanizing, as if she were prize livestock before a 4-H contest at the state fair, particularly insulting since Karen was already pretty and no one asks a pig at the state fair for stock ideas.

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