BULLS & BEARS: What’s seen as wisdom is financial pornography
In 1995, Jane Bryant Quinn wrote an article in Newsweek titled “The Big Tease” and used the term “financial pornography” to describe magazine headlines we have all seen. Headlines like: “Ten Mutual Funds to Buy Now” “Surefire Oil Stocks” “Five Stocks to Own for Your LIFE” “How to Profit from $100 Oil” One of the definitions of pornography in Webster’s is “the depiction of acts in a sensational manner so as to arouse a quick intense emotional reaction.” Replace the…