This post is going to include a discussion of the stock market, which means that I am obligated to begin with a statement that you should not take any of this as investment advice.
and this is where you should rightfully say I should never take Nicole’s stock market advice because she is not an investment professional.
I’m curious as to why you feel the need for such disclaimers. Are you afraid of legal consequences, or do you think the disclaimer will genuinely help some people, or both/something else?
It’s both a CYA and a joke. Anyone who says anything about the stock market online begins with the statement that “this should not be constituted as investment advice,” e.g. here and here (two examples pulled from top of google search).
There is assumedly a legal reason that this disclaimer came into practice, e.g. if I wrote something and you did it and you lost money you might sue me, so I am obliged to tell you that A) I am not giving you advice and B) you should not take it!
Anyone who says anything about the stock market online begins with the statement that “this should not be constituted as investment advice
...which is why I thought it would be much funnier if someone wrote “Everything I’m about to say constitutes official investment advice” on their econblog posts or “We don’t care about your privacy” on cookie disclaimers and having most people misread it as the regular stuff. I’m surprised nobody is doing this, considering the low legal risk provided by online anonymity.
I’m curious as to why you feel the need for such disclaimers. Are you afraid of legal consequences, or do you think the disclaimer will genuinely help some people, or both/something else?
It’s both a CYA and a joke. Anyone who says anything about the stock market online begins with the statement that “this should not be constituted as investment advice,” e.g. here and here (two examples pulled from top of google search).
There is assumedly a legal reason that this disclaimer came into practice, e.g. if I wrote something and you did it and you lost money you might sue me, so I am obliged to tell you that A) I am not giving you advice and B) you should not take it!
...which is why I thought it would be much funnier if someone wrote “Everything I’m about to say constitutes official investment advice” on their econblog posts or “We don’t care about your privacy” on cookie disclaimers and having most people misread it as the regular stuff. I’m surprised nobody is doing this, considering the low legal risk provided by online anonymity.