So there you have it, get out of tech and into tennis shows, girl's clothing, aircraft parts, and gambling. Of course, he hasn't decided yet, maybe they are too risky for him. How do these guys make any money?
Two ways:
1. Picking obscure companies has a certain cachet. After all, anyone can name Intel, IBM, or Qualcomm by reading the WSJ, or the New York Times. But you really must be doing in-depth research to find a white hot Brazilian toy manufacture, who also builds anti-gravity generators.
2. Sample chopping. If these obscure companies tank, whose going to remember their names? (I don't even remember them now). And, of course, the analyst will also fail to repeat them on his next list. But let one double and he'll live on his reputation for years. (Fred Manzo, the man who found Anti-gravity - R - Us!!!)
- Fred |
