Wow! Look at this:
“Arends: It’s the time of year when the geniuses on Wall Street tell you the best stocks to buy for the year ahead. Don’t listen.”
Boiling it down, here’s the key graf: “[Stocks favored by analysts at the beginning of 2011] fell 4.3% on average. In other words, the 10 stocks that analysts loved the most beat the stocks they hated the most by an average of less than 1%.”
Almost exactly what IFO has been saying, but this time backed up with facts, not just opinion. What a concept. What a great article!