Quote Of The Week: Stop Reading The Newspaper

“Read the newspaper all the time, and you’ll never want to buy stocks.”

Michael Morella, “Why Ron Baron Is Sweet on Stocks: Where the billionaire mutual fund manager is placing his bets for the years ahead,” U.S. News & World Report, November 22, 2012

The Takeaway: In this interview with U.S. News & World Report, the billionaire investor says that despite the negative headlines, he finds stocks “undervalued” and adds that “people have to realize that stocks are a way that you can protect yourself against inflation.”

Says Baron: “When I was in law  school … my uncle gave me a book to read with the premise that if news  was really bad, you’re supposed to be buying, and if news was really  good, you’re supposed to be selling, because the news gets reflected in  stock prices.”

About Mari Adam

Mari Adam, Certified Financial Planner™ and President of Adam Financial Associates Inc, has been helping individuals and families chart their financial futures for over twenty-five years. Have a question about your financial situation? Ask Mari!

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