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Episode 151: In this episode I discuss why it’s important to read beyond the headlines by researching the actual facts.
For example, much is being made that 2015Q3 earnings are “beating estimates”…but they’re only beating because the original estimates have been consistently revised DOWN all year long. S&P500 earnings are in the range of <$110 but last year they were estimated at over $130…that’s a DECLINE not a BEAT.
Also refer back to Wealth Building Principle #8 Decrypting Propaganda:
https://www.wealthsteading.com/episode-8-decrypt-propaganda/
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Hosted by John Pugliano. The Wealthsteading Podcast teaches 10 wealth building principles to help investors build wealth and attain personal freedom.
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Copyright © 2015 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.
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