Thursday, May 19, 2011

Investing for fools?

Linked In Investment Article

"However, at the end of the day, a stock must be weighed on the basis of its fundamentals. LinkedIn is an important company, but it's not as valuable as today's investors think."

How much is our market perception based by the media... aka WSJ, BLOOMBERG, NYTIMES, and buys, sells, short buy analysts who we think they know what they are talking about...?

Look at the financial statements for most companies on Wall Street and justify stock prices based on our recession economy being funded by the gov't and the federal reserve... It's scary how we will face another recession at the middle to end of summer...

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