I currently do most of my reading on the free Bloomberg iphone app where there are tons of free articles updated daily and I was wondering is this enough for a sophomore in college to stay up to date with the markets? I was thinking of maybe doing a WSJ subscription and wanted to hear your guys' feedback on whether or not its worth the added cost. Would an WSJ subscription be worth the cost or is reading/watching bloomberg on a daily basis enough to stay up to date on the markets?
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Costs like $4 a week or something for the digital subscription, highly worth it in my opinion. I currently have FT, WSJ subscriptions and watch Bloomberg while reading Dealbreaker / Zero Hedge / Reuters / Al Jazeera - gives me a pretty good overview of everything going on in the world from a variety of different angles!
Just downloading the days WSJ / FT on the walk to the underground on the way to and from work and then browsing the headline articles basically keeps you up to date on what is happening in the world. I couldn't just sit down for an hour and read through both newspapers in one go, I'm more of the 'read an article or two whenever Im bored or interested in the subject' type.
Check for the student rates on the WSJ Student website. Using your .edu email address you get something like 99.99 a year for print and web/mobile. I know I did this in school and it was great having the hard copy to read throughout the day or i could ignore it if i just wanted to read on my phone etc.
If you pull up a WSJ article online, and it is "subscription only", Google the exact title. The first search item that comes up should be a link to the article, and when you click on it you have access to the article. Not sure why but might as well use it. So I do Bloomberg app on the train ride into work, and then the standard Bloom/Dealbreaker/WSJ/Zerohedge/etc at work, all for free. Not a bad deal.
If you are gonna pay money for anything, go with FT
I-Bankers, do you still read the Journal? (Originally Posted: 03/11/2007)
Do you investmentbankers still read the Wall Street Journal daily or is it just all of us college students who want to be i-bankers who read it religiously to be ready for our interviews?
FT > WSJ
...even if it's written by the British.
Not daily, but a few times a week I'll glance at the headlines. That's about it.
If you don't read the journal, or some other publication, it means you have no real passion for finance and that will show at one point of your career.
Looks like LB Banker is headed for troubled waters, then!
I'm in the same boat as LB.
WSJ is unnecessary when you get a million alerts forwarded to email. You'll also care a lot more about industry-specific news, if you're in an industry group.
I print out both or the morning version of the deal and read headlines while taking a shit. If i'm straining i might read an article. I read wsj once in awhile, but not religiously
lol.
SALAM, so according to you Reading WSJ = interest in finance?
you're simply an idiot.
Being a college student, you should read it. It keeps you (relatively) up to date on the business world. Financial professionals, ie ibankers and asset managers, dont pay too much attention to it because what is in it is usually old news to them.
I read it at my hf job every morning. Didn't read it in banking (didn't have time)
I usually just skim though the headlines. I just read DealBook, TheDeal and LPC Goldsheets on a daily basis.
Honestly, how many people actually (Originally Posted: 09/17/2015)
Subscribe to the Wall Street Journal? Given that their news is old from the point of printing and you can go on cnbc.com on your phone on the train on the way in to work, what's the point?
To make it look like you are well-informed.
The news of the day might be outdated. But what I subscribe for is the more in-depth reporting.
this..
I subscribe for the Opinion Page alone--it's worth it just for that. Isn't the WSJ the #1 newspaper in the U.S. as far as online and paper subscriptions? To heister's point, the WSJ has in-depth analysis on the news of the day. You don't subscribe to catch headlines.
In depth? For depth, why not FT?
Why the hell would I subscribe to them?
For starters I can get the paper free at school. For seconds, I regard them as good only for the objective "X event happened today" and "Index/Equity/Commodity Y moved this many basis points today" type news. For opinion they're completely worthless as there is a clear slant to the paper's editorial and they're in a position where they can't piss off the greater consensus of Wall Street.
Many of the best writers/economists are that way not because of their own brilliance but because they're in a situation that allows them to not give a shit about pissing off "the club" with what they publish.
There's a clear slant to a paper's editorial board??? No way! Notify the press!
OF COURSE there's an editorial board slant!
Personally enjoy the quality of the writing, analysis, and reporting compared to CNBC's.
OleBurnSides : so even though it's old info you would rather read it vs cnbc.com or Bloomberg.
I subscribe primarily for the Mansion section on Friday morning. I pour over that section for a good 30 minutes every Friday morning with a cup of Joe in my hand.
It helps me de-stress from the week
All you need to do to get around the paywall is copy and paste the title of the article into google and then click on the link google gives you.
And as a side note, I can't help but laugh at the people reading the journal on the subway in the mornings. Like who are you trying to impress?
They are on par with those who carry around dogearred copies of Salinger or Tolstoy. Ok, we get that 1) you aren't as illiterate as you appear, 2) your job as a barista provides you with "leisure time" to read junior high English-level books, and 3) you have room in your burlap rucksack for such paperback luxuries since, you know, you don't have to take your Chemex coffee filter home from work with you everyday, but get a fucking Kindle, you pretentious little shit.
And if you're going to read a newspaper on the subway for show, it's FT or gtfo
All you need to do to get around their paywall is copy and paste the title of the article into google and then click on the link google gives you.
And as a side note, I can't help but laugh at the people reading physical copies of the Journal on the subway in the morning. Like who are you trying to impress?
A good analyst would know that you can just get all of their stories for free online...
The online version is just as up-to date as any other news website. I got it free as a student, and get it free now for my firm. If I wasn't getting it for free, I would still consider subscribing. I simply enjoy the coverage and analysis. Opinion page aside, I simply trust it more than pretty much any other news source.
How much depth do you really need given the depth they provide is analysis you can do on your own or that is old information?
You could do it on your own if you had access to all the information that they have (sometimes yes, sometimes no), but you would need to take the time to collect and distill it all. I COULD go to Eurostat and find out how many migrants enter Hungary every day and how long the razor wire fence they are constructing is....but I don't have to. Instead, I can simply decide for myself whether I think their response is appropriate.
I never see anybody reading the FT. Only the WSJ.
The WSJ is a nice adornment to your ensemble to give the appearance of being professional...kind of like a pocket square
@Going Concern" : You're kidding right? That's like a 22 year old acting like he's 32 and just looking silly in the process with Dad's suit.
.
Man, this discussion devolved quickly.
1) who still reads a paper paper. Get an ipad. At least it's more up to date.
2) WSJ is pretty good. I never read opinion sections because it's always driving their underlying bias. Read some articles and form your own opinion.
3) FT is by and large way better than WSJ. Issue is it's rediculously expensive. It's got none of the fluffy the journal has though.
IMO, I read business week for some general business/macro updates (it's full of political slanted crap). Economist is great for in depth and global stuff. I'll read reuters, zero hedge, project syndicate and foreign policy for everything else.
For fun I like reading Reason. Well thought out libertarian stuff.
Uh, isn't Reason an opinion periodical?
@TNA" : Why not get FT instead of WSJ? I know you're good for it. The paper version of FT I'd cheaper.
@TNA: How about the latest Business Week front cover with Tim Hayes, the fixer?
WSJ sucks. FT is for apex predators.
Apex predators? I like FT's trading room section. But overall, it's too euro focused.
FT can be bought for a modest fee if you get the paper only subscription. How many people actually think to choose that option?
I get the digital subscription for the FT (same with WSJ and NYT). It's the only option I have because where I am - Australia - the FT stopped deliveries of the print edition a couple of years ago.
Smart move because the price of digital was a 1/3 of the print sub...globalisation my ass.
@oligarch: please see my above post.
You can access WSJ articles through google
Yeah, but who wants to Google all the time?
One more thing - at least on the FT site you're not bombarded by advertisements of things that are generally out of your reach. WSJ has ads of private jets, yachts, houses in exotic countries, 6 digit priced watches, and what not. I can understand why but the WSJ has become a mockery of journalism as it has socio economic undertones. If there was a paper built for one social class - it would definitely be the WSJ.
@oligarch: Well with FT`s emphasis on How to Spend It and an editor of ft saying that he wasn't concerned about school teachers who make 30k per year in terms of a target audience. FT targets a more affluent and educated audience.
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