Jack Naudi, the assistant business editor of the St. Louis Post-Dispatch, had a comment in his Saturday column to all of the readers who were upset that the paper cut its stock listings earlier this month.
“As a journalist, I favor providing more information. But from an investor standpoint, I cheer that decision. No one needs to check his or her stocks or mutual fund prices daily. It’s a fool’s mission.
“Break the habit, folks. You can’t tell the future from the past. A drop in prices today suggests nothing about the future.”
Read more here.
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