CNBC

I don't watch TV. Yesterday, I was at home, I decide to turn on my TV and watch some news. I quickly changed all the channels and came to CNBC. I watched it for 10min and I must say we live in a ridiculous world. It is a theater with actors, everybody seems to know everything yet everything is either a shocking or breaking news, or both. Investing is not a theater, it is a discipline. Without discipline, investing doesn't mean a thing.

If you ever plan to know what is going on in the world of investing, don't watch TV. I suggest reading traditional newspapers, for instance: Financial Times or Wall Street Journal, but most importantly read annual reports. Find a field you really like, like Sports Equipment & Apparel for example, if you understand this business and you are interested to find out more, reading their Annual Reports will be fun. NIKE is a huge company, their Annual Reports are so well written, reading them you can actually learn so much, not just about the numbers, but the culture of their products, their strategies, their marketing, etc... Just please don't watch any TV to find out what is going on in the world of investing. Better yet, don't watch any TV if you want to know what is going on. (period)

Happy investing.

Damian