A Humbled Financial Press: Don't Believe What You See

April 29, 2013

The Motley Fool

There is a common perception that old news is worthless, but old news can often teach you more about the future than current news. Old news comes with a unique feature: The reader gets to judge its content, predictions and analysis with the benefit of hindsight. Rather than asking," What does this mean?" in today's newspaper, you get to ask, "What did this mean?" in old news. Earlier this month, The Motley Fool's Morgan Housel met with David Cowen, CEO of the Museum of American Finance, who provided a great example of the value of old news.

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