OK, it's time to admit that I have an addiction to financial porn. My TV is permanently set to CNBC from early morning until after dinner time. Finporn stars such as Becky Quick, Melisa Lee, Joe Kernan, Andrew Ross Sorkin, Morgan Brennan and many others are like close friends of mine..I have never met any of them in person but they are in my family room every day. all day. Yes I have a problem but the first step in dealing with it is to admit that I DO have a problem. As far as I know there is no 12 step program available to help curb my addiction to finporn. If a program was available I would surely attend meetings so I could be with people who share my affinity to financial markets. We could sip bourbon (maybe) and talk about our favorite investments and the direction of interest rates. After a deep dive into my psychic, I have determined that the FOMO is at the root of my problem. Anyone who has visited the Reddit site of Wall Street Bets knows that FOMO means "Fear of missing out". Like any other pervert, I have a particular fetish, and that is common stocks. Oh I like fixed income, mutual funds, ETF's, REIT's, and MLP's, but common stocks really turn my crank. My addiction started at an early age-around 18years old. I remember fantasizing about South African gold mining stocks and making a fortune through rich dividends and huge capital gains. From there my perversion branched out into a diversified portfolio of stocks, fixed income, and ETF's. Sadly, my addiction has spread to other members of my family. I have come home unexpectedly to find my wife watching the financial news on CNBC. I fear that she has also become addicted to a growing retirement portfolio and financial security. My lust for financial knowledge is not limited to broadcast media. I always have the latest edition of Barons magazine in the bathroom. Every visit informs and educates me for potential investments. Unlike traditional porn, finporn may have actually strengthened my marriage, created a powerful portfolio of earning assets, and hopefully boost the financial well-being of my heirs. Maybe finporn is my most productive vice.
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