Apple Investors Misled by Media

Stock quotes in this article: AAPL  

"In particular, his organization is looking for news tidbits or blog posts that might give his traders insight into how a stock will behave before anyone else. The information doesn't have to be true, he stressed. It just has to reflect the mood of the market. And the market freaks out when people think Steve Jobs is ill."

In the end, please heed your friendly neighborhood Business Press Maven: No matter who the source, don't reflexively believe what you read.
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At the time of publication, Fuchs had no positions in any of the stocks mentioned in this column.

Marek Fuchs was a stockbroker for Shearson Lehman Brothers and a money manager before becoming a journalist who wrote The New York Times' "County Lines" column for six years. He also did back-up beat coverage of The New York Knicks for the paper's Sports section for two seasons and covered other professional and collegiate sports. He has contributed frequently to many of the Times' other sections, including National, Metro, Escapes, Style, Real Estate, Arts & Leisure, Travel, Money & Business, Circuits and the Op-Ed Page. For his "Business Press Maven? column on how business and finance are covered by the media, Fuchs was named best business journalist critic in the nation by the Talking Biz website at The University of North Carolina School of Journalism and Mass Communication. Fuchs is a frequent speaker on the business media, in venues ranging from National Public Radio to the annual conference of the Society of American Business Editors and Writers. Fuchs appreciates your feedback; click here to send him an email.

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