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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: michael97123 who wrote (47633)6/6/2001 11:55:04 AM
From: willcousa  Read Replies (1) | Respond to of 70976
 
I use Solomon Smith Barney for some options trades. Their analyst missed a ton of tech upside. Their clients who followed him must have been really ticked. Yet he is still working. I wonder why.



To: michael97123 who wrote (47633)6/6/2001 12:51:54 PM
From: Charles Tutt  Respond to of 70976
 
Bogle may be responsible for part of the effect. Stock pickers (and analysts) often try to find value off the beaten track, which can cause them to focus on smaller issues. But with the rise of index funds, bigness can be worth as much as growth in attracting investment dollars. Thus, stock pickers can underperform through no fault of their own.

JMHO.

Charles Tutt (TM)


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