We have become a society that trades frequently. Investors often act on every tick in the market without good reason. And that has a major downside.
More Quotes from Maria Bartiromo:
Business news is sexy.Maria Bartiromo
I think the value of venues like CNBC is that they give investors an opportunity to reevaluate the situation minute by minute, but maybe we don't need to follow the market so closely.
Maria Bartiromo
The concept for the book came from my realizing that there's been an explosion of financial information and we are in information overload.
Maria Bartiromo
Often I would go back to my computer and there would be so many items in my in-box that I would be unable to send an e-mail until I deleted them.
Maria Bartiromo
News is important information that may influence your investments. Noise is talk or buzz or some headline that prevents you from seeing a story clearly. News is useful. Noise is a distraction. Calling what's noise and news after the fact is easy.
Maria Bartiromo
If you or me go to the gas station to fill up our car and it costs us much more than we expected, it will zap our discretionary income. We won't have the extra money to buy that washing machine or new winter coat-all big ticket items that are important to economic growth.
Maria Bartiromo
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