Any good financial TV program like the MarketPlace at NPR?
I saw this question at the famous bbs at mit. Personally I think Nightly Business Report at PBS is a good source. They are not perfect, sometimes they are even boring, like the “Stocks in the News” segement where Paul kangas usually just reports Pfizer goes up 10 cents, Microsoft goes down 5 cents…But consider the other financial TV media we got, is CNBC better? To me they merely made more noise 🙂
I think determining whether a TV program is good or not, a lot depends on one’s expectation. Personally I don’t expect I get information there, and (apply that information) making money right away from the market.
I think the “fortune tellers” at CNBC (Fast Money, Mad Money, plus many guests) try to give that information, but in reality I think more people lose money from their suggestions than making money.
Couple month ago Jon Stewart (the host of Daily Show at Comedy Central) vs. Jim Cramer (the host of Mad Money at CNBC) explains the problem with CNBC.
The original Daily Show is here.
Appendix: NBR video archive
NBR has a segment called Street critique, I looked at Michael Farr, Hillary Kramer predication in March/April time, and you can decide for yourself if their advice/predication is good or not.