How Analysts Have Changed, Three Years After The Bubble Burst
from the has-it-been-that-long? dept
It’s now been three years since the dot com bubble really burst, and the Washington Post is talking to some equities analysts to see how things have changed. They say exactly what you’d expect, of course. They make a few excuses for how they acted during the boom years, but still try to defend their calls during those times. Now, however, they say they’ve gone back to the basics – and are much more critical in how they value stocks. What they don’t say is that they may have gone too far in the opposite direction as well. They’re no longer looking for opportunities, but are entirely focused on immediate profit margins. There’s a balance that’s needed, but no one ever wants to hear about balance when it comes to the stock market.