Why You Shouldn’t Take Celebrity Investment Advice at Face Value

[claireokc]

For the everyday investor, it can be tempting to look at celebrity investments like Warren Buffett as bastions of truth. These stock titans may appear to have an inside track on the market—and Buffett’s advice reportedly works for many—but if investing were as simple as following a superstar formula, we’d all be rich. The investing world has changed. Digital platforms from companies like Bloomberg or VRIFY, online access to regional news sources, and social media channels allow people’s perspectives (real or otherwise) to spread like wildfire. That speed has huge benefits beyond dissemination of actionable information—including democratization of forces to maintain market integrity. New communities, thought leaders, and platforms continue to evolve to help promote business activities or share analysis about publicly traded companies. ...

Source: https://www.theepochtimes.com/why-you-s ... 08572.html