8 March 2011: You Need to Read More!

So you read Business Day, tune into CNBC every evening. Read the Economist once in a while. Or maybe you pick up the Financial Mail or Finweek when you are at the dentist. A few times a week you might go online and glance at Fin24 or Moneyweb. Whoop–de-doo!

Get real guys, that’s never enough for a serious self-directed investor.

We explained last week that our markets follow the US market closely, so you need to understand the key issues there, and the points at which sentiment could turn there.

In addition, on the local markets, you must track all SENS messages. All the company announcements, all the results. Aggregate that info over time.

US/Global, follow results of S&P500 companies at least. Set up Google Alerts on your actual holdings.

I would say that an online subscription to the Wall Street Journal and Financial Times is a must.

And then there are the bloggers. You should be reading Abnormal Returns, Felix Salmon, the Fly, Eddy Elfenbein, The Reformed Broker. Go find your favourites.

Finally, get on twitter and follow market participants, traders, and business journalists in SA, USA.

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