Cover image for Use the news : how to separate the noise from the investment nuggets and make money in any economy
Use the news : how to separate the noise from the investment nuggets and make money in any economy
Bartiromo, Maria.
Personal Author:
First edition.
Publication Information:
New York, NY : HarperCollins Publishers, [2001]

Physical Description:
xiii, 274 pages : 24 cm
General Note:
Includes index.
Added Author:
Format :


Call Number
Material Type
Home Location
Item Holds
HG4529 .B37 2001 Adult Non-Fiction Open Shelf
HG4529 .B37 2001 Adult Non-Fiction Open Shelf

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In her highly anticipated new book, television's ace financial reporter CNBC anchorwoman Maria Bartiromo shows you how to use timely news and hot information to make money in today's market.

A media luminary with the solid credentials of a seasoned pro, Maria Bartiromo has set the standard for business news programming, delivering indispensable, up-to-the-minute information from the New York Stock Exchange. Known for her spot on calls, her straightforward on-air manner, and her willingness to ask tough questions, she is probably the most famous and visible business news correspondent in the business media today and one of the top five most influential voices on Wall Street. Maria was the first person to report live from the floor of the New York Stock Exchange and continues to do so every day on CNBC's SQUAWK BOX.

In Use The News, Maria Bartiromo mines her years of frontline experience, on camera and behind the scenes, to identify all the tools you need to seize control of your financial decisions and better manage your portfolio.

For investors, stock market enthusiasts, and anyone who wants to make smarter financial decisions, Maria offers a revealing look at the methods that made her famous, explaining how to separate the news from the noise and find the true information nuggets that affect the stock market most: How to tell which company announcements are important and which are simply fluff. Where you can find hidden gems of investment information. How to get the lowdown on a company's CEO and management team. How to use the Internet to find useful information amid all of the clutter. How the government can affect your investment decisions. When to trust market professionals -- and when to ignore them. What really matters on a company's balance sheet. Which red flags mean trouble in different industry sectors.

Every day, to bring the latest news and stock picks to her viewers, Maria relies on the expertise of the sharpest people on Wall Street. She is one of the most connected financial journalists working today -- making her Rolodex a virtual who's who of financial wizards.

In Use The News she has picked the brains of the best and the brightest and brings their secrets to you, the individual investor. As a result, you'll get exceptional tips from some of the most influential people on Wall Street, the same people whom Maria relies on every day to help her handicap the market. The result is an indispensable investment handbook where you, too, can learn the secrets of the Wall Street insiders, take control of your investments, and make money in any economy.

Maria Bartiromo a former producer, writer, and editor of CNN Business News, now hosts and coproduces her own show on CNBC, Market Week with Maria Bartiromo. She also anchors CNBC's Street Signs and Market Wrap on a daily basis. She is a contributing news commentator to NBC's Today Show, MSNBC, and other NBC affiliates nationwide. Her popular monthly column can be found in Individual Investor magazine. A graduate of New York University, she lives in New York City with her husband, Jonathan Steinberg, founder and chief executive officer of Individual Investor Group.

Reviews 4

Booklist Review

Lately, the stock market has been like a roller-coaster ride for financial investors. Technology stocks and IPOs have dropped from dizzying heights, and interest rates have climbed, with corporate stocks continuing to dip and turn. How can the average individual investor make sense of what is happening to their stocks, mutual funds, and 401Ks? Bartiromo takes the reader off that roller-coaster ride and tells how the average investor can use the news to "separate the noise from the investment nuggets." In this combination of autobiographical and business investment information, the author (with coauthor Fredman) explains how Wall Street and the stock market work. Her prose is easy to read, spiced by interjections on her career in journalism and on Wall Street. She shares insights on the difference between "buy" and "sell" information and how traders, analysts, brokers, lead steers, axes, and other industry insiders gather their information and make decisions. She imparts advice from well-known market makers that she has interviewed, along with information on the Securities Exchange Commission (SEC) rulings that impact investments. Throughout, Bartiromo proffers insights and questions for investors to ask, research tips on "company conference calls," "triple witching," and more. And last but not least, she gives business and financial sources, and Web sites to track for following investments on a regular basis. This important book serves as a primer for the average individual investor to choose the news to use in making investments. --Eileen Hardy

Publisher's Weekly Review

With the stock market tumbling, investors who can efficiently sift through all the available financial information will have the best sense of how a stock will perform, claims Bartiromo. After all, that's what she does every day as an anchor for CNBC's Street Signs and Market Wrap, as a featured reporter on the cable channel's popular Squawk Box segment and as producer and host of Market Week with Maria Bartiromo. In a friendly, hands-on style, she offers readers a view of the stock market (both the big picture and various market sectors) from her vantage point as a reporter on the floor of the NYSE. No "math whiz," Bartiromo is adamant that understanding the market requires nothing more than "common sense and doing your homework." Relying on analysis from investment pros, corporate chiefs, dozens of excellent Web sites (ranging from those that carry breaking news about corporate events to government sites that store reams of meaningful data), faxes, e-mails and phone calls, Bartiromo demonstrates firsthand how she focuses on real-time, relevant data, analyzes what it does (and doesn't) say and puts the distilled information into context. Most important, Bartiromo reminds investors that they shouldn't rely on or always believe what they hear about a stock on television or read on the Internet without first doing some research of their own, even if the source is CNBC's star financial personality. (June) Forecast: Readers will find Bartiromo's voice of reason as appealing on the page as on the small screen. With a 25-city national radio campaign and a 15-city NPR syndicated feature, this book is bound for the business bestseller lists. (c) Copyright PWxyz, LLC. All rights reserved

Library Journal Review

Bartiromo, a business anchor on CNBC and the first journalist to report daily from the floor of the New York Stock Exchange, shares her methods for identifying the tools readers need to seize control of financial decision-making and become stock market analysts. Using her own experience and interviewing some of the sharpest market analysts, money managers, and CEOs on Wall Street, she teaches readers to sift through news stories and look for answers to specific questions related to their investments in order to make and profit from smart investment decisions. Much more focused on the market than Marie Bussing-Burks's Profit from the Evening News (LJ 5/1/01), Bartiromo explains the four sources of information that move the market; how to evaluate the news from the government, a company, market professionals, or unconventional sources; and her "Top 13 Noisemakers and How To Extract the News Within Them." Written in an intelligent, warm style, this is a book that today's stock investors will want to read and study. Susan C. Awe, Univ. of New Mexico Lib., Albuquerque (c) Copyright 2010. Library Journals LLC, a wholly owned subsidiary of Media Source, Inc. No redistribution permitted.

Choice Review

CNBC anchor Bartiromo purports to remove the "noise" from the information available to investors. What follows increases that noise because the book contains numerous errors. Bartiromo asserts that "revenue" is synonymous with "money flow" and places revenue on the balance sheet (p. 51). She confuses the balance sheet and the statement of changes in financial position by stating "all the debt the company owes" is learned from the statement of changes in financial position (p. 61). Her analysis leads to incorrect interpretations. In an example allegedly showing Wal-Mart's improved financial position, she states that debt reduction indicates "another sign of prosperity" (p. 54), but Wal-Mart's reduction in long-term debt is more than offset by increased use of short-term debt. Also, the author's discussions of analytical techniques are not precise. She suggests that a P/E below the average P/E "could be an opportunity" (p. 71), but that a low P/E "should raise a red flag" (p.72). When the low P/E is an opportunity rather than a red flag is not addressed. Popular books such as Burton Malkiel's A Random Walk down Wall Street (6th ed., CH, Apr'96; rev. ed., 1999) or Andrew Tobias's The Only Investment Guide You'll Ever Need (updated ed., 1998) are vastly superior for general readers and beginning students. Not recommended for academic collections. H. Mayo The College of New Jersey



Use the News How To Separate the Noise from the Investment Nuggets and Make Money in Any Economy Chapter One It's Not Brain Surgery When you buy a car, you kick the tires. When you buy a house, you look in every nook and cranny. You need do to the same thing with your investments. And there's no reason why you can't. Learning how the market works isn't brain surgery. I'm living proof of that. I'm hardly a mathematics whiz. In fact, a couple years ago, I ran into my high school math teacher and she said, "I can't believe you cover finance." I never took any classes in Wall Street 101, either. I learned it from the ground up. Okay, I studied economics in college, where I learned about the relationship between supply and demand and the difference between macroeconomics and microeconomics. Big deal. You don't learn how markets move in school. You learn that by following the markets and watching trends. In my case I learned it on the job. So how did I end up with this job? In my sophomore year at New York University (NYU), I took an introductory course in economics. A lot of people are bored to tears by the topic, but I was lucky because I had a professor who made it exciting. I loved it and I was sailing in it, so I decided to make it my major. Then my mother said, "Why don't you take some journalism classes? I think you'll be good at them." I loved them too. The excitement of covering a story was similar to the excitement of figuring out an equation in economics, maybe even more so because there was a greater sense of urgency. A few more journalism classes and I ended up switching my major to journalism and making economics my minor. By now I was a junior in college and I had no idea what I was going to do after graduation. That year I took a class in broadcast journalism. It was one of my favorite classes. Every week the class produced a story and each of the students took a different role. One week I was the anchor, one week the guest booker, one week the producer. I loved being the producer. You formulate the whole show, from soup to nuts. You have to decide what content to run, which video or graphic to use, and how to make each story come alive with sound and interviews. You have to think, Was the video freshly shot today or will it be misleading because it's file video? Do I want one anchor or co-anchors? Who are my guests? Do I want a kicker'a softer story'at the end of the show? How about music or animation? It's a lot of fun. As a result of taking this class, I applied for admission to NYU's internship program in broadcasting. At the time all I wanted to do was work for NBC, CBS, or ABC. The networks were hot, I thought, and they were where the action was. I was accepted to the internship program, but to my disappointment I was assigned to work for CNN. I didn't even watch cable and felt that working for ABC, CBS, or NBC held more prestige than working for the very young cable channel. I took the job and started work as an intern at CNN Business News in 1988.I soon realized that CNN was the best possible place for me to have gotten a job. At CNN I was able to do everything. I would get the numbers, that is, fill in stock quotes for the anchors. I would rip scripts'that's what it's called when the scripts are printed out and distributed to the producer, director, and anchors. I would teleprompt, where you manually move the scripts forward on a machine so the anchor can read them on camera. I would follow the wire service stories. I was able to do so much more at CNN than I would have been able to do at the networks, because the networks are unionized and I would not be able to do so many different tasks. So it was so fortunate for me to land at a place where I could gain wider experience and figure out what I was good at. Eventually CNN offered me a staff position in business news. I worked my way up, first as a writer, then as a producer, and then as an assignment editor, which meant that I came up with story ideas and decided whom I wanted to interview and who would conduct the interview'either reporters or myself. It was at CNN Business News where I first started noticing the chart trends tracking investor momentum in the stock market, first realized the importance of insider buying and selling'that's when a company's senior management buys or sells some of their holdings in the company's stock, which can be an important indication of their sentiment about the company's future'and first learned the significance of money flows. It was also where I first saw the impact that the price of oil has on the stock market. The Gulf War began in August 1990, and Operation Desert Storm began the following February. In a nanosecond CNN was the hottest thing on television. You had CNN correspondent Bernard Shaw reporting live from a hotel room in Baghdad while bombs from an American air strike rained down outside his window. The world was watching CNN. It was frightful but...(it was thrilling). I felt proud to be a part of the team. We in CNN Business News were watching the war's impact on the stock market, and that was thrilling too. We looked for the nuggets of news that would explain how the war would affect investments. Oil prices were surging because people were afraid that oil shipments from the Middle East would dry up. It was... Use the News How To Separate the Noise from the Investment Nuggets and Make Money in Any Economy . Copyright © by Maria Bartiromo. Reprinted by permission of HarperCollins Publishers, Inc. All rights reserved. Available now wherever books are sold. Excerpted from Use the News: How to Separate the Noise from the Investment Nuggets and Make Money in Any Economy by Maria Bartiromo All rights reserved by the original copyright owners. Excerpts are provided for display purposes only and may not be reproduced, reprinted or distributed without the written permission of the publisher.