I subscribe to the Wall Street Journal, and I try to read it every day. I also subscribe to my local paper and try to read it every day. (It’s not a big paper.)
I also get Kiplinger’s every month.
I get the Oil and Gas Financial Journal and the Journal of Accountancy every month, but rarely read them. They’re a little too technical and boring.
Wall Street Journal in my opinion is the best. For an investments simulation we have been instructed to engage in day trading for a week for testing purposes. For this reason, I inundated myself with news articles on business related news as fast as I could get.
For a combination of reliable and timely, I visit:
All in all, though, WSJ is by far the best. I am also subscribed to the Economist (too verbose for me - like they are trying to win an award for writing style and not content)
I hear ya. I had a sub when I was in school because I figured it was called the “economist”, had a good reputation, and the price was decent at student rates. How disappointed was I when I realized 90% of it was about politics in countries I’d never heard of, and there was what, 10? pages of finance/economics news in it? None of which had any real weight for somebody trying to learn about the markets anyway? In the two years I had it coming in I can remember only one issue that I enjoyed, it had a special report on natural gas. Finally something relevant to anybody in the western world.
And hoooly, do they put a lot of words in that magazine.
I usually read the WSJ and scan the Financial Times online since I have corporate access. My Factiva account flags anything that I want to keep up with. There is so little worth reading and all the headlines are re-posted everywhere, its tough to sort through what’s worth reading.
Yeah, maybe the best question is not the sources, but how do you decide which of the 1000s of pieces of info a day are worth listening to. There are some blogs I follow that do a reasonable job of finding interesting stuff, but I somehow feel that’s not necessarily the best way.
I admit that I occasionally take the Taleb point of view that anything worth knowing about eventually filters up to me, but then I get caught sounding ignorant when something just pops out and it hasn’t gotten to me yet. Of course, this industry has the game of “did you know about this piece of information that I probably scooped,” with the implication that “anyone good must know what I know.”
Barry Ritholtz basically turns off the televisions in his office, saying that things like CNBC provide more distractions than useful information and make you feel like you have to react to every little twist and turn as if it’s the most important thing that ever happened. I used to be in an office that had CNBC on all the time, but now I don’t. I actually think maybe listening for an afternoon a week might be good, just to figure out what they’re talking about, but not to overdose on it.
I read the Economist, though not as regularly as I like, and the WSJ. I like listening to Bloomberg radio more than CNBC and do that sometimes.
Anyway, all this seems to work, but I just get the feeling I could be doing this better.