As the saying goes, there are three kinds of falsehoods: lies, damned lies, and statistics. That quote is often attributed to 19th century British Prime Minister Benjamin Disraeli. I doubt he was referring to financial matters. But there are few places where numbers are as frequently bent, twisted, adjusted, and dissected as the investment world. Even when data isn’t being deliberately manipulated, numbers can still paint a misleading picture. Case in point, you might be surprised to hear that nearly 400 large-cap U.S. stocks are in negative territory this year. That sure doesn’t jive with the healthy 22% return of… Read More
As the saying goes, there are three kinds of falsehoods: lies, damned lies, and statistics. That quote is often attributed to 19th century British Prime Minister Benjamin Disraeli. I doubt he was referring to financial matters. But there are few places where numbers are as frequently bent, twisted, adjusted, and dissected as the investment world. Even when data isn’t being deliberately manipulated, numbers can still paint a misleading picture. Case in point, you might be surprised to hear that nearly 400 large-cap U.S. stocks are in negative territory this year. That sure doesn’t jive with the healthy 22% return of the S&P 500. —Recommended Link— $5 Stock To Rake In $4.6 Million A DAY In 5G Patent Royalties Apple, Samsung, LG, and others will owe one under-the-radar company up to $6.65 billion in 5G licensing fees… potentially sending this $5 stock to Google levels or higher. Early investors could see $5,000 turn into $117,385 in the next 12 months. Stake your claim before this company’s name hits the evening news. Click here for full details. But this market-cap-weighted barometer isn’t representative of the market as a whole. The… Read More