How do financial reporters find quotes?

A

ajensen

A newspaper story about the financial markets will often quote portfolio managers, financial analysts, or newsletter writers. I wonder how reporters find people to quote.
Today's Wall Street Journal has an article "Brexit Is a Boon for Volatility Traders" by Ben Eisen that starts as follows:

The havoc unleashed by Britain’s vote to leave the European Union has benefited some investors: volatility traders.

The U.S. stock market’s swoon Friday and Monday, after Thursday’s Brexit vote, sent the CBOE Volatility Index, or VIX, to a four-month high.

“Who knows if it’s going to keep going?” said Henry Haupt of Cooper City, Fla., who works in waste management, runs an investing newsletter and trades investments tied to the VIX.

He said he bought shares of one exchange-traded fund based on volatility on Thursday and sold them on Monday. “You never know if you are going to wake up and the futures are going to be down substantially,” Mr. Haupt said.
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I never heard of Henry Haupt before, and a web search of "Henry Haupt VIX" only turns up the WSJ article. How did the reporter find him?
 
reporters call people up and ask for a quote. more likely, the "quoter" calls up the reporter for marketing purposes. Give it a try yourself: call some reporter, give a nonsensical quote, and see if it will be published ...(jerky boys)
 
2rosy said:
reporters call people up and ask for a quote. more likely, the "quoter" calls up the reporter for marketing purposes. Give it a try yourself: call some reporter, give a nonsensical quote, and see if it will be published ...(jerky boys)
More...

They probably just text a question mark (?) and receive an emoji response at this point...

Or through Facebook (FB).
 
There was so much crazy stuff going on with Brexit, the reporter (Ben Eisen) probably couldn't use his normal resources because the resources were to busy with the volatile markets that the reporter decided to use a resource he normally doesn't use.

Heck, the Haupt guy could just be some name mention to Eisen in the recent past by one of Eisen's normal sources or maybe even recommended to Eisen by one of his normal resources.
 
But who quotes a guy who's in waste management on something like VIX?? That's ridiculous... it's like asking the local milkman about how North Korea can get nuclear....

I'm going to go through Ben Eisen's articles to check for some more funny stuff....
 
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