Securities Analysts and Your Investments
Securities analysts constantly critique management of the publicly owned companies they review. They profess to know what products and services the companies ought to produce and when not to produce them. To give you investment advice, they freely put in their proverbial two cents. They suggest what securities to buy. They advise when to hire and fire top executives.
Yet very few analysts have the hands-on ability to understand how any business operates from the inside. They are not even that proficient concerning the ivory towers of Wall Street.
As I have often said, they haven’t the business experience to successfully run a pushcart.
You look to securities analysts for your investment advice?
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment