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To: Victor Lazlo who wrote (36547)1/14/2000 11:31:00 PM
From: Don Green  Read Replies (1) | Respond to of 93625
 
> David Dreman did a study indicating that most analysts are drastically wrong most of the time.

So what! It is just like Forbes using a monkey to throw darts at the W.S.J. stock tables to pick stocks. You can present an argument pro or con on anything. All I know is Investment Analysts are some of the highest paid people on the street and are in great demand. So if they are just B.S.ing people so be it, their comments do make a difference.

The guys to really question are the INVESTMENT NEWSLETTER writers out there! Who rarely follow-up on their stock and market calls unless they are right then they base all of their performance on that one out of twenty correct pick.

You do know that don't you, Victor?

Hulbert made a fortune on following them.

Don