As the article and the above passage suggests, investors today are flooded with a seemingly non-stop flow of intimidating market related news. While some intraday and day-to-day happenings can contain relevant data that will impact market direction, much of it should be written off as noise that contributes absolutely nothing to the long-term direction of stocks.
While we realize that this blog could be categorized as one of those outlets, we make every effort to be deliberate in our commentary and keep our opinions and biases out of the equation. Certainly we'll always have them but we're smart enough to know that 1) they don't mean a thing in the larger scheme of things and 2) there's a huge risk of them being wrong. So why try to force our thoughts upon anyone else? Our goal is to simply share data and observations and then allow our readers to draw their own conclusions if they so choose.
We think Salmon's article brings up some valid points for consideration. Every investor/trader has (or should have) a process in terms of how they make buy and sell decisions. Perhaps they should incorporate into this process a set of rules for how they consume, filter and identify the endless stream market related news available to them.
Something to think about the next time you perform an evaluation of your investing process.