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:

• Over-optimistic Equity Analysts

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!

Regards,

N

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