On 20 Jan 2006 at 19:14, John Forbes wrote: > If you had ever worked for a public company, you would know that > "analysts" know less than nothing about the companies they write about and > advise on. > > If you can, do. If you can't, analyse. If these people knew anything at > all, they wouldn't sell their advice to you and me. They'd be acting on it > on their own account, like Warren Buffet, and a few others who prefer to > remain less visible. > > Analysts? Parasites, the lot of them.
I appreciate that we are all entitled to our opinions but I know for a fact that Herb sources analysts reports from some of the top Japanese securities companies. These businesses provide are very industry aware and house hoards of analysts with a very narrow range of industry focus and good historical knowledge they sound very unlike the "analysts" that you describe. Parasites they maybe but virtually every business but primary production is to one extent or another, as you know some parasites are useful too. :-) Rob Studdert HURSTVILLE AUSTRALIA Tel +61-2-9554-4110 UTC(GMT) +10 Hours [EMAIL PROTECTED] http://members.ozemail.com.au/~distudio/publications/ Pentax user since 1986, PDMLer since 1998
