Tuesday, 18 May, 2010

Over-optimistic Equity Analysts

Over-optimistic Equity Analysts

Those of us who thought that only our Indian analysts are over-optimistic should read this one:
My hypothesis on the possible reason: They often represent fund managers, mutual fund houses, insurance companies, etc., all of whom have a stake in investors pouring in more money into their coffers - And when will they do so? When the prospective investors hope that the markets will go up!

And we thought that these analysts are supposedly unbiased and professional!



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1 comment:

Sunny Talreja said...

Nice insight!!!
Thank you
Sensex is back to 16xxx when they were talking about possiblity of new historic highs.

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