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Technology Stocks : Intel Corporation (INTC)
INTC 46.96-2.8%Jan 16 9:30 AM EST

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To: jackrabbit who wrote (139035)7/11/2001 8:00:54 AM
From: GVTucker  Read Replies (1) of 186894
 
jackrabbit, RE: Make them eat their own cooking. I guarantee you that the quality of buy/sell ratings would improve.

I would disagree.

One of the primary traits of a good portfolio manager is a lack of emotion in regards to the buy/sell decision. And that's why, for a portfolio manager, your solution is a good one. Just about every successful hedge fund manager is an investor in his/her own fund.

A good analyst is not necessarily a good portfolio manager. And a very many good analysts that I've known can get emotional about their portfolio. It's not conducive to objectivity.

A lot of analysts over the years have made a personal decision not to buy or sell the stocks that they cover. Invariably, those analysts are very high quality.
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