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Re: The biggest problem that most people have is that they read Wall Street research reports and they believe the Wall Street hype 

By: Zimbler0 in POPE 5 | Recommend this post (2)
Fri, 31 May 19 3:31 AM | 52 view(s)
Boardmark this board | Pope 5 		Msg. 33187 of 62138
(This msg. is a reply to 33155 by capt_nemo)
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They call themselves 'analysts' . . .

I think I know why it starts with 'ANAL'.

Reminds me of something that happened years ago. I owned some stock in a power
company that had cut, then eliminated their dividend. For three years the internet
kept reporting nice, positive earnings . . . but no dividend re-instatement.

I went ballistic when I learned what EPS really was. I learned how to actually
understand parts of the annual report, and I figured out that that company had
been losing money for three years. While the internet reported it as making money.

I think it was a guy at Bloomberg who told me the truth. That the EPS figure
being reported on the internet was what some ANALyst was pretending the company
was going to make.

When I pointed out to him that that particular lying analyst had been wrong
three years in a row . . . well, the next day the real numbers appeared on
the internet as if by magic.

Since then - I look for 'Trailing EPS' and if in doubt call up and look at the
companies annual report filed with the SEC. (They don't lie there.)

Zim.




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Mad Poet Strikes Again.


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The above is a reply to the following message:
“The biggest problem that most people have is that they read Wall Street research reports and they believe the Wall Street hype…
By: capt_nemo in POPE 5
Thu, 30 May 19 8:00 AM 		Msg. 33155 of 62138

Wall Street analysts are very, very easy to fool, they’re generally parrots for what management tells them.” – Sam Antar, former CFO Crazy Eddie

In 2018, Goldman Sachs underwrote 513 corporate debt issuance deals totaling $94.5 billion. They were paid an average fee of 0.48% or approximately $453.6 million for those efforts.

In a recent research report entitled, Corporate Debt Is Not Too High, Goldman Sachs discusses why they are not concerned with the current levels of corporate debt despite record levels of corporate debt when compared to the nation’s GDP as shown in the chart below.

lot more,,,,,,,,,,,,,,,,

http://www.investmentwatchblog.com/goldman-sachs-on-corporate-debt-myopic-or-self-serving/

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