No one can predict the future with any high degree of accuracy, and the farther ahead the seer attempts to look, the less accurate he is likely to be.
Be receptive; good information is where you find it.
Second, you will find that the costliness of information does not necessarily reflect its value.
Much of the best material you will get is free.
Your primary sources of investment information are two: New York Stock Exchange member firms and the companies in which you are interested.
Your brokerage firm will provide accurate, up-to-date material, free for the asking. The increase in the number of new investors has launched many firms on broad-scale informational programs. Most of them have weekly market letters, monthly or quarterly surveys, analyses of individual stocks or industries.
(A recent tabulation shows that some 296 member firms now issue about 30,700 market letters, 15,500 pieces of sales literature, and 1,800 special reports