Friday, June 19, 2015

Securities Analysts’ Business Experience

                     
Securities analysts give you investment advice. They suggest what securities to buy and sell. Analysts constantly critique management of publicly owned companies. They claim to know what products and services companies ought to produce and what they should charge. Analysts propose when to hire and fire top executives.
                       
Yet very few analysts have hands-on ability to understand how any business operates from the inside. They are not even that proficient concerning Wall Street inner activity.
                       
As I have often said, they usually haven’t the business experience to successfully run a pushcart. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)

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