Fake News Is Not New! It is a Practice That Has Been Used by Traders, Banks and Large Investors For Hundreds of Years
Fake news is not NEW. It has been used for hundreds of years to mislead or mid-direct in times of war, crisis and when big money is on the line. It's just that there is so much news in todays media rich world, it is hard to know who is telling the truth in any given moment. Everyone has an agenda. Whether it be a CEO, investor, hedge fund, public health official, governor, news channel or president. Everyone has something to gain or lose in a given situation and to whatever degree it is serving someone's personal, business or institutions goals or ambitions, bending the truth to telling outright lies will depend on how much is at stake and how willing someone is to cross ethical or moral lines.
As an investor, it is important to pay attention and ask the hard questions when reflecting on what any particular source of information is saying about a company or market. What is being said, by whom and why are matter of fact questions to be asked. These questions along with a discerning perspective can save you money and make you money, stop you from making rash decisions and help you stay rational.
Below are just a couple of examples to illustrate these points. We could provide many more. These examples are high profile examples of what we are referring to....