WSJ subscription worth it?

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?

 

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.

 

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 would agree with you, but then we'd both be wrong.
 
<span class=keyword_link><a href=/company/bulge-bracket-investment-banks><abbr title=bulge bracket>bb</abbr></a></span>.MandA.3rdyear:
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.

 

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.

 
alexfopiano:
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.
That's what I figured. If you are in the industry, you make the news, so why read about what you did yesterday?
 
TraderDaily:

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?

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.

Array
 
Virginia Tech 4ever:
TraderDaily:
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?

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.

 

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?

 
Best Response
undefined:

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?

 

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.

 

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.

 

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.

D.I.
 

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D.I.
 

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