By the way, FT or Financial Times is the premier European Financial newspaper.
In the opinion of my wife, a ridiculous quantity of unique daily newspapers land on our door stoop each morning, and FT is one of my favorites. I figure the more financial news / financial analysis articles I can cram into my brain each day, it puts me one step ahead of the rest of the sheeple.
I think FT is a GREAT financial newspaper, and the print edition also quite inexpensive, given they are running $100/year specials. FT is a good European-focused counterpoint to the USA-focused WSJ.
Starting this week, I’m going to also try IBD for a month for free on special. The problem with IBD is the standard price is about $350/year, and that paper is also so over-focused on technical analysis.
I dumped Barron’s. I swear the last two years nearly every financial article in that rag has been moronic in its prediction/logic.
It is unfortunate so many Americans have stopped reading the print newspapers; across the country we have so many great newspapers going under.
Yet America’s great newspapers are so eager for readers that you can order (on special) some of them for as little as $100 to $150 PER YEAR. So it is costing like $0.25/day to have a great newspaper delivered to your door. That’s quite an incredible bargain.
Even better: if you can pass yourself off as a student or teacher, then the daily newspaper gets even even less expensive.
So sad that the shift to web news will one day kill off all the remaining daily print newspapers.
I spend a lot each year on newspapers, certainly over $700…and I get every cent back in spades in my retirement portfolio gains.
Oh, and regarding hedge funds, Roubini predicts that by the end of this economic meltdown we are now in, most hedge funds will have been shut down due to massive redemptions.