Is reading the Wall Street Journal and Financial Times every day a good use of time?

Couple of decades back, I coached a stock analyst friend of mine on what to say when someone brought up a point that was contrary to what he was recommending. The key phrase is "Yes, but the market's already priced that in." He made a good career for himself on the back of that.

im finding ZH unreadable these days. any intriguing finance story (usually just sourced from a wall street research report) is paywalled, and most free stories are deranged maga takes. god help you if you venture into the comments section

yah I often find the article I want to read is the premium paywalled one. I mostly use it for facts & figures articles rather than the innumerable “4th turning” and dystopian type stuff. they also post stuff from newsletters like Peter St Onge who I like a lot.

but anything written on that website you need to develop your own radar to sift through the bs because it’s obviously very slanted, but if you know that going in I think it still provides value.

i haven’t read the WSJ in years - maybe I need to revisit?

anything you like similar to zero hedge but less gold and silver preppers intended audience?

btw, regarding the comments, I find it hilarious that they have been shitting on Bitcoin for years and are incapable of adjusting their mental framework to reality. they could have all made a lot of money over the years but their pride is more important.

If you go to archive.ph you can usually read the paywall stuff

Almost any reading is a better use of your time, imo, than what most people spend most of their free time doing, but I would probably need about 120 hours a day before the WSJ and FT would make the cut as far as thing I will spend my time reading.

I get a free Wall Street Journal subscription, but I never read it.

It's just the news from the previous day, that you already read on cnbc.com

No.

Warren Buffett is also someone who reads a lot, everything, including newspapers. Every single day.

I believe it depends. I like to read the news every single day, but it has to be sort of a deliberate effort. No matter how good a publication is, most of the information will still be randomly chosen by the publishing company, and also irrelevant, so it's up to you to find a method where you can pick what's truly important for your business/activity without wasting more time than necessary with anything else.

Can't imagine not doing it. Plus Barron's, plus Bloomberg.com. Not every article, so not cover to cover, but used to do WSJ cover to cover for years.

Buyside investor,

Buffet is from a time when newspapers were how news was disseminated.