Those who say don't know

Here we have a story of two bitter rivals, lots of public name calling, and the mirage of sophistication.

“In the world of financial media, it can be hard to separate news and analysis from entertainment. Ever since the crisis, financial entertainment seems to have shifted from hot stock picks to big macro theories. One advantage of spouting macro theories instead of stock picks is that it can take years for you to be proven wrong. Another is that you get to mix politics with economics, which is good for grabbing attention and building up a loyal following.”

http://www.bloombergview.com/articles/2014-07-30/when-entertainment-passes-for-investment-advice


Ben Kizemchuk is a Portfolio Manager & Investment Advisor with Altus Securities Inc. in Toronto. He offers financial planning and investment management for high net worth Canadian investors. Ben focuses on high quality investments, the Growth and Income Portfolios, low risk investing, and reducing tax.