Remember Sometimes People are Just Talking Their Book

by Varun Gulati
Take everything a guest says on CNBC, Fox Business, Bloomberg etc. with a grain of salt. Remember that most of them are there, in part, to talk their own book, i.e. one of their aims is to change or modify market perception in way that would be favorable to their own trading activities. So whatever they say should just be another data point in your investment decisions, nothing more and nothing less.