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An excessive amount of information, especially from the 24 hour news cycle, that purports to help investors but may not. For example, analysts on the news may spend a significant amount of time discussing one stock, which may cause investors to buy it without doing sufficient research. In addition to the potential for loss, there is the opportunity cost of not investing in a better stock that was not discussed on the news. Financial porn is effectively investment advice for those unwilling to perform due diligence themselves.