Financial Journalist Confessions

Veteran Australian financial journalist named Michael Pascoe admits to having spent a quarter of a century providing daily financial market reports that were “mostly rubbish.” Now he is trying to keep investors focused on the long-term, and is finding that doing so is of less interest to readers. Pascoe is spot-on. It’s not just the financial media that are to blame; it’s also media consumers hankering to get their fix of infotainment.Learn more about your ad choices. Visit megaphone.fm/adchoices