EllensProphet on 29 August 2007
| Lingyis said: aside from stocks analysts not necessarily knowing more than any of us... they need to play safe. why risk your job when you can go with extrapolating statistics and not deviate too much from the predictions of your fellow colleagues? for most, there's little to gain by being "right", even if you don't even believe in your own report. |
The two branches of stock analysis: 1) predicting what will happen, and 2) explaining why it didn't. Only the cautious survive.
The urge to play is a terrible thing to waste.
