Buy the news sell the fact

A clever phrase!

"Buy the news, sell the fact" is a common saying in the financial world, particularly among traders and investors. It refers to the practice of reacting to news or market movements without fully understanding the underlying facts or fundamentals.

In other words, "buy the news" means to buy an asset (such as a stock or currency) based on positive news or rumors, without thoroughly analyzing the facts or potential risks. This approach can lead to impulsive decisions, which may not be based on solid research or analysis.

On the other hand, "sell the fact" means to sell an asset based on the underlying facts or fundamentals, rather than just reacting to news or market sentiment. This approach requires a deeper understanding of the company's financials, industry trends, and other relevant factors that may impact the asset's value.

The phrase is often used to caution against making investment decisions solely based on news or market noise, and instead encourages investors to focus on the underlying facts and fundamentals. It's a reminder to be cautious and not to get caught up in emotional or impulsive decisions.

In summary, "buy the news, sell the fact" is a phrase that encourages investors to separate fact from fiction, and to make informed decisions based on thorough research and analysis, rather than just reacting to market noise or news headlines.