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Bad 'Reporting' Makes Investing a Tough Game

By Jim Cramer

About this article:
People often ask me why it's so darned hard to make money in the stock market. It's a great question. Of course the market can be difficult -- it can be counterintuitive (see the pieces I have been doing about Procter & Gamble vs. Parker-Hannifin ), and it is often very difficult to understand why stocks go up on bad news and down on good news. A lot of times, though, it is the way the information is conveyed and the way the media presents things. I hear constantly that the media's too bullish, but that's a crock, especially when it comes to papers of record like The New York Times and The Wall Street Journal. The latter in particular has a bias that makes things really hard if you are going to try to make money on the long side. I have a ton of respect...

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