That's right folks, it's a battle of the newspapers. Which of the three acronyms in the title will give you the best for your money? Well hey, I'm no expert but I know a little something about each. For one, we have the far left representation in the New York Times. Then we have the always informative, always objective Wall Street Journal. Finally there is the right of center, business-minded Investor's Business Daily. There are stark differences between the three print dailies in the way they report the news and the focus is squarely on the economic front.
Where else to begin but with the loony left and their periodical of choice, the New York Times. The Times is known for its hositility towards right-minded news-seekers. The stories we seek and the opinions we wish to hear are rarely representated on the pages of Sulzberger's rag. Now the Times is making it difficult for even their readers to make money by relegating the stock tables to its digital edition. Now only those who subscribe to the Times will have access to these money-making numbers. People too cheap for subscriptions but who enjoy both the stories and have an interest in the financials won't simply go to the Wall Street Journal for the tables; they will be SOL in most cases.
Then there is the Wall Street Journal, perenially known as the financially-astute reader's newspaper. The majority of the stories in this massive, four section daily deal with stories that have something to do with money and its pursuit by savvy investors. Nevertheless, it offers much in the way of world news and political commentary as well. Where the NYT is concerned more with world news and lefty politics, the Journal strays from getting entangled in opinion and is exceptional at reporting objectively. For those simply concerned with making easy money in the marketplace, the embedded sections "Marketplace" and "Money & Investing" are must reads. When delving into the world of politics, there are two pages of commentary in the main section, the Journal has always been one of the most editorially conservative national newspapers. All in all, the Journal maintains readership of 2 million-plus for good reason -- it easily appeals to many readers because of its objectivity and focus on investment news.
The final paper, and most expensive of the three, is the Investor's Business Daily. However, for the wealth of knowledge encompassed in its pages, the hefty subscription rate is fine by its readers. The majority of IBD readership comes from six-figure investors looking for premium investment information that their peers do not have access to, or must wait to receive. Nevertheless, their reporting and political commentary are unabashedly right-of-center. The paper's editorials are often featured on the blog of pro-growth group, Club For Growth. Subscribers, however, have access to premium investment tools at the website, investors.com.
For a comparison in the reporting tactics of NYT and IBD, see Larry Elder's piece on WorldNetDaily.
Subscribe to: New York Times ... Wall Street Journal ... Investor's Business Daily