SmartMoney posted about this.
What Gets in the Way of Well-Educated Investment Analysts An amusing story unfolded last week. Nearly half the Internet had a chuckle over the portrait gallery we published in our March 10, 2008 issue. The gallery featured portraits of 10 respected analysts from 10 respected investment banks and firms. The analysts made forecasts for the RTS Index (Russian Trading System stock index) at the end of the current year, and we printed those figures directly beneath the portraits of the respective analysts. The public was laughing for a very simple reason: not one of the forecasts came even close to the RTS Index values recorded last week. Further Is this article in the blogs[?]
Tags