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Comment by kart23 | Hacker News Reader

Ignoring news outright seems like a terrible idea for the stock market. Focus more on objective news, especially from areas that impact stocks. In Jan. 2020, once news came out about Chinese factories shutting down and whole cities being locked down, it was pretty easy to see the effect that would have on the market. Now, I definitely didn't foresee amazon and tech's meteoric rise, but it wasn't hard to predict what would happen in other areas.

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The best news for the stock market is from outlets that are not focused on you investing in anything. For example, when I kept reading on /r/hardware that Intel wasn't getting anywhere with their process improvements, I invested in AMD before they had their big run up. I knew this was actionable analysis because when I checked the financial press, nobody was talking about this yet and AMD's stock was going sideways, so the analysts hadn't caught on yet. That's where the value in investing is. Once the mainstream financial press has the same idea you do, the big gains from that news are likely over.

It was not easy to see that the market would move incredibly higher over the course of the pandemic. Not in January 2020, nor any time since then. People can't even explain it after it has happened.

I fondly remember people on LinkedIn discussing it this will be v-shaped, l-shaped, or w-shaped. I think the consensus was on the "L".

K-shaped recovery; some keep falling down and some recover

Yeah, I think that was harder to predict. the initial drop wasn't though.

>Ignoring news outright seems like a terrible idea for the stock market.

Fully agreed. I think having a more focused channel to consume news is much more effective.

Why are the internet companies worth more? Just ask yourself if you bought more online than the previous year and whether or not that consumption changes moving forward. For the vast majority of Americans, it is clear 2020 was an amazing year for Amazon.

"Airplane house is empty ... but maybe soon airplane house will be full"

https://www.youtube.com/watch?v=SYc6QmaGnYc

For the reference.

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