I don't take ANY of this "newspaper investment advice" seriously. None of it.
These are the same people who in 2007 said that the housing market correction would be short and slight -- buy buy buy!
These are the same people who in 2008 said that Bear Sterns was too big to fail. It will bounce back by next quarter -- buy buy buy!
The people who are really good at investing make it a goal to stay as invisible as possible. They work as private fund managers, handling private portfolios that do not require SEC registration. They take a cut of the profits often a sizable cut. Getting involved in a fund that requires SEC oversight simply increases their operating costs and makes it more difficult for them to operate.
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About 15 years ago I was at a conference during one of the large El Niño/La Niña oscillations. They had a meteorologist speaking about the effects of El Niño/La Niña on food commodities - wheat, corn, soybeans, etc.
In 25-minutes the guy gave the most cogent and insightful analysis of El Niño/La Niña I have ever heard, talking about how the effects vary with the strength during a particular cycle. Completely blew away any analysis you would ever see in any news medium or popular journal. Of course, as a meteorologist he was working for a commodities trading firm, where he was responsible for advising on multimillion dollar commodity plays. As the session concluded I realized that if I were ever looking for the most talented meteorologists, I wouldn't find them writing newspaper columns.
Same principle applies with investment advisers.