Carpe Diem
Tag: Rumors
💬 Rumor: Wall Street's Favorite Four-Letter Word
Jason Zweig once joked that a rumor is "the Wall Street equivalent of a fact." The humor is timeless—but so is the lesson. Rumors can uncover extraordinary investment opportunities, yet confusing speculation with evidence has probably cost investors billions. The smartest investors listen carefully, verify relentlessly, and only then decide.