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October 29, 2005


Innocent Abroad

Well, financial journalists don't get bonuses (or sacked, come to that) on the strength of their tips' performance.

It would be just as reasonable for me to manage my portfolio (if I had one) on the basis of the first and last letters of comments to this blog.


I find that the financial pages are often a good source of the sort of news that probably ought to be on the news pages, but a pretty laughable source of economic or financial news, since their signal-to-noise ratio is so low.

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