38 books
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5 voters
Stock
“
Indeed, the big brokerage firms tend to avoid standing out from the crowd, downgrading a stock only after its problems have become obvious. In October 2001, fifteen of the seventeen analysts following Enron still had a “buy” or “strong buy” recommendation on the stock even though it had already lost 50 percent of its value in the midst of the company’s accounting scandal.
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― The Signal and the Noise: Why So Many Predictions Fail—But Some Don't
― The Signal and the Noise: Why So Many Predictions Fail—But Some Don't
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In the stock market I made a quote, "to own a profit you need to lose something and to lose you need to have profit to take risks.
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