Friday, December 7, 2012

Random Stock Behavior and the Worthless Pursuit by Analysts


If you need another reason to not waste your time chasing individual stocks and analyst ratings, look no further.

S&P500 Stock Performance based on analyst rankings


Source:  Bespoke

This pursuit leads to having fewer great experiences, so why do Wealth Managers choose to reduce the numbers of great experiences for their clients, by either creating higher fees, taxes, or poorer returns by chasing this stuff?

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