Apart from being sometimes inaccurate, stock news can also be biased since it can often be speculative or prescriptive 👀

Imagine you're buying a product on Amazon 📦

You'll probably read reviews about the product, but you try to keep in mind that the reviews may be biased, fake or written by the company who sells the product.

When you buy anything, you need to do your own research and make judgments -- not just blindly listen to others. 🤓

The same thing applies when you're buying stocks 📈

For example, let's say you read a news article about Apple's new iPhone launch, and the author is claiming it went super well 🍎

If the author has such a strong opinion, you may want to examine their bias. Do they perhaps own the stock themselves? 🤔

Here's a couple easy tips to help you reduce your exposure to Stock News Bias. 🤔

1️⃣ Try to avoid news that makes direct judgements, or try to tell you what MIGHT happen, for example articles like "Here's why to buy Apple stock", or "Top 10 stocks that can 10x your money"

Instead, stick to consuming news about events, or things that ACTUALLY happened, and make your judgements based on those.

2️⃣ Examine if the author or publication has any financial motive related to the stock they're reporting on

Most news sources are required by law to disclose whether they are paid to promote a company or stock. Some are even owned by the companies they are covering in their articles!