Analysts Saying Sorry?

from the hell-getting-cooler,-report-at-11 dept is positively shocked that analyst is apologizing for his bad call on a stock. Of course, they immediately point out that he might just be apologizing because of all the scrutiny analysts are getting from the government these days. The article does make some good points about how investors only seem to remember the bad calls that analysts make (though, that’s not exactly true: I remember the very accurate – at the time – call from Henry Blodgett for Amazon 400). It is true, of course, that no one can be perfect, but it’s important for investors to realize that analysts are very often not perfect. Maybe if they start apologizing, or admitting where they were wrong more often people wouldn’t believe them so quickly.

Add Your Comment

Your email address will not be published. Required fields are marked *

Have a Techdirt Account? Sign in now. Want one? Register here

Comment Options:

Make this the or (get credits or sign in to see balance) what's this?

What's this?

Techdirt community members with Techdirt Credits can spotlight a comment as either the "First Word" or "Last Word" on a particular comment thread. Credits can be purchased at the Techdirt Insider Shop »

Follow Techdirt

Techdirt Daily Newsletter

Techdirt Deals
Techdirt Insider Discord
The latest chatter on the Techdirt Insider Discord channel...