Tuesday, May 18, 2010

Equity Analysts Have Been Overoptimistic for a Generation

















According to McKinsey research, equity analysts have been estimating the growth rate almost too 100% high for the past quarter century.

This result only includes American stock markets, however, I found this article interesting for that I will be working as a junior Japanese equity analyst after graduation.

If anyone knows the deal about Japanese market, let me know.

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