Daily Archive: July 20, 2010

Jul 20

More inaccurate analysts

This chart comes from the McKinsey Quarterly from back in April 2010 and shows how inaccurate equity analysts have been when predicting Earnings for S&P500 companies over the last 25 years….basically far too bullish and no where near accurate. So just like the last post, the key learning is to not take too much notice …

Continue reading »

pub-5731955080761916

Jul 20

Great to know these guys are paid a fortune

Strategists June 2011 forecasts for the S&P/ASX 200 Deutsche Bank 6250 UBS 5800 Citigroup 5500 Goldman Sachs 5375 Macquarie 5068 JP Morgan 5000 Morgan Stanley 5027* Credit Suisse 5000* Merrill Lynch 4500* Average 5302 points Source: AFR 1 July 2010. *December 2010 forecasts – no June 11 forecasts provided With such variance amongst the so-called …

Continue reading »

pub-5731955080761916

Jul 20

Latest Article for Publication – Guaranteeing Investment Success

I have just submitted an article, on behalf of my employer, to the Australian version of the Journal of Financial Advice. Its a fairly simple message….advisers could better look after their client’s financial needs and goals by increasing their focus on their client’s cash flow needs as opposed to the focus on investment strategy. I know …

Continue reading »

pub-5731955080761916
Follow

Get every new post on this blog delivered to your Inbox.

Join other followers: