Wall Street analysts: Accuracy is the...

Wall Street analysts: Accuracy is the least of their concerns

There are 2 comments on the Fortune story from Apr 30, 2013, titled Wall Street analysts: Accuracy is the least of their concerns. In it, Fortune reports that:

As someone who has been tracking the forecasts of Apple analysts for nearly five years, I was not entirely surprised to learn that when 365 sell-side analysts were asked what factors affected their compensation, the accuracy and timeliness of their earnings forecasts came in dead last.

Join the discussion below, or Read more at Fortune.

Gary

Bellingham, WA

#1 Apr 30, 2013
Maybe these people are like the rating agencies like
Standard & Poor and Moody's, just sell their good opinion
to the highest bidder.

Ethical? Hell no!

Profitable? Hell yes!
idiots united

Minneapolis, MN

#3 May 4, 2013
Heck you probably approve of the star athletes who does nothing of value and rakes in more than any mortal human can get while you and many more lives in dire poverty. America is free when it comes to greed and stupidity.

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