Wall Street Blind are Leading the Blind

Wall Street Blind are Leading the Blind

The majority of securities analysts on Wall Street could not operate a pushcart. Yet, they constantly choose to critique top business executives. Notably in the way they run billion dollar operations.

And of course, Wall Street experts have an extremely limited time frame. While a business must look years ahead, those involved with securities usually operate with a day-to-day or month to month perspective. That can be dangerous for those who are impressed by the advice.

No commentator has had to pass a business-achievement test to determine expertise. The public assumes critics know what they are talking about when it comes to business operation punditry.