Our anti-analyst opinion validated today!

Wow! Look at this:

Analysts’ Picks No Better Than Throwing Darts

“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!

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About InvestingforOne

I've been investing in various assets by myself using a discount broker for many years. Over that time, I've developed some theories that others might find useful. Plus, there is more to investing than money. Time, talent, work, friends, family all go into developing a good and satisfactory strategy.
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