Analysts Analyzed

I think most people don’t fundamentally understand the job of Wall Street analysts. This Wall Street Journal article does a nice job of pulling back the curtain. Anyone who consumes information provided by analysts needs to read.

Hat tip to Matt Richman

Lazy & Stupid

Philip Elmer-DeWitt writes about analysts and the concept of 14 week quarters. This reinforces much of what I already think about the analyst profession.