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Are financial journalists real experts?

Obviously most of them don’t know what they are talking about, accoring to Free Money Finance.

This is actually confirmed by Karen Blumenthal, the author of Grande Expectation: a year in the life of Starbucks stock. She said (before wrote the book), she has been financial journalist for more than 20 years, but she did not know what is stock split, what is earning, what is shareholder meeting etc.

Grande Expectation book cover

I read half of the book, and I’ve learned quite a bit from Karen’s learning experience :-)

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    "古人云,人不自信谁人信之." Others won't believe in you unless you believe yourself. --Chinese proverb

    Hello, world :-) I am not another stock expert. I am an ordinary guy who believes: by lifetime learning, indepenent analysis and disciplined investing, little guys can achieve great return.

    I grew up in China. Currently I am working toward CFA level II. Here I'm blogging about business, finance, stocks, other fun stuffs in the US and China. Comments and Email: are welcome.

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