- Why you should ignore stock recommendations from experts
- POSTED 01.13.11
Investors use stockbrokers and investment managers for what they assume is their market-beating advice in picking stocks. FAIL. A new report from Bloomberg News finds that equity analysts are not only wrong when they list “best buys,” they’re spectacularly wrong. For all of their computers, MBAs, and six-figure bonuses, they follow the herd into stocks [...]