RE:I am learning something about analystsTrytobelong wrote: I knew that their previsions should be taken with a grain of salt, but to give previsions whithout seeing real financial statement is ridiculous ans it's not serious !
I applaud you for learning and willing to learn (I still learn everyday after many years in markets) while keeping your ego on the sidelines. Ego is dangerous in soooooooo many ways, lol
You should read this post.....
https://stockhouse.com/companies/bullboard?symbol=t.well&postid=34569080
I ask myself this question about the
entire financial industry. If all of these "pros" have so much superior knowledge, know what's going to happen, where to put money and when, then why on earth is any one of them working for a living? Doesn't it make sense then, that a person would just apply their knowledge for themselves? Why try to convince me? why put out company analysis? Why does a real estate salesman for example, tell me "prices only go up you should buy now this a great investment"? Why wouldn't the salesman do it with his or her own money instead of making a measley commission if they're so sure? are people doing this out of the goodness of their hearts to "help" me? LOL
Why do they need a salary? Why does a "money manager" drive a Lambo while managing someone's money who is driving a Kia? Do they make money for you or off of you? I think you know the answer.
I like the term someone stated here on this board in a past post, be a professional skeptic, because nobody has your best interests at heart except you especially when it comes to money.