Discover the most popular and inspiring quotes and sayings on the topic of Analysts. Share them with your friends on social media platforms like Facebook, Twitter, or your personal blogs, and let the world be inspired by their powerful messages. Here are the Top 100 Analysts Quotes And Sayings by 83 Authors including Emily Oster,John Kenneth Galbraith,Alex Gibney,Charles O. Rossotti,Jim Cantalupo for you to enjoy and share.
When I meet people on airplanes and they find out I'm an economist, they usually ask about stock tips.
Pundits forecast not because they know, but because they are asked.
It's easy to get armchair analysts to talk, but to get people on the inside to talk is very, very hard.
Steve McClellan has drawn on an insider's lifetime view of how Wall Street really works to produce a practical and entertaining book of advice for investors. Whether you are a new or experienced investor you'll get something valuable out of it, including more than a few chuckles.
Some of the analysts were saying, Now you're a cash cow, there's no growth at all, pay it all out in dividends, give me it all, you can't invest wisely.
For every leader in the company, not just for me, there are decisions that can be made by analysis. These are the best kinds of decisions!
Analytical tools have their limitations in a turbulent world. These tools work best when parameters are known, assumptions are minimal, and the future is not fuzzy.
The analytical power should not be confounded with simple ingenuity; for while the analyst is necessarily ingenious, the ingenious man is often remarkably incapable of analysis.
What we do is we test what works on Wall Street. And sometimes it is earnings momentum, and sometimes it's earnings surprises. Sometimes it's price-to-sales cash flow, and then we put together our stock selection models.
When you know absolutely nothing about the topic, make your forecast by asking a carefully selected probability sample of 300 others who don't know the answer either.
I'm not a Wall Street expert, but I can read the papers.
Whether a tops-down or bottoms-up investor in bonds, stocks, or private equity, the standard analysis tends to judge an investor or his firm on the basis of how the bullish or bearish aspects of the cycle were managed.
Read Ben Graham and Phil Fisher read annual reports, but don't do equations with Greek letters in them.
Anybody who follows me on Twitter or Facebook knows that I'm super into fantasy sports. I like to make money on my sports knowledge basically.
Our present addiction to pollsters and forecasters is a symptom of our chronic uncertainty about the future ... We watch our experts read the entrails of statistical tables and graphs the way the ancients watched their soothsayers read the entrails of a chicken.
Buy when most people, including experts, are pessimistic, and sell when they are actively optimistic,
We invest in undervalued companies that exhibit strong fundamentals, above-market dividend yields and historic earnings growth, which our analysis indicates will persist. Our strategy is to own strong, fundamentally sound companies and to avoid speculative stocks or potential bankruptcies.
Some kinds of stocks are easier to analyse than others.
I grade my stocks. I'm what they call a quant, one of the geeks of the stock market.
What an individual does day to day on the job now must stretch across functional boundaries. Designers analyze. Analysts design. Marketers create. Creators market.
I do my own analysis on the teams I am refereeing. I will know some of the personalities, the players who could be difficult customers in a scrum situation, the ones I am going to have to really work hard on early in the game to get what I want.
technical marketers,
I spend about fifteen minutes a year on economic analysis.
I've been a financial journalist for 30 years.
I'm very analytical, I'm very precise.
Lifers who had been around long enough to understand the game with some perspective
investors. I have been a student of the philosophy of value investing, which of course was established, executed, and popularized by superinvestors Benjamin Graham, Warren Buffet, and Seth Klarman among
I don't read, much less follow, the valuations or predictions. I study the numbers.
Stock
speculation is largely a matter of A trying to decide what B, C and D
are likely to think-with B, C and D trying to do the same.
It's easy to identify many investment managers with great recent records. But past results, though important, do not suffice when prospective performance is being judged. How the record has been achieved is crucial ...
All our lives, we've been taught to defer to experts: teachers, doctors, and investment "professionals." But ultimately, expertise is about results. You can have the fanciest degrees from the fanciest schools, but if you can't perform what you were hired to do, your expertise is meaningless. In
Strategy is born when a calculated risk meets an educated guess
Behind every stock is a company. Find out what it's doing.
Good analysis is very useful when you want to convert a political decision into an investment. It can also go the other way and drive policy.
They really can't afford to be contrarians. A major investment house can't afford to do research for five customers who won't generate a lot of commissions.
My analyst warned me, but you were so beautiful I got another analyst.
A hedge fund manager whose clients demand monthly performance reports has different needs than any individual investors with a 20-year time horizon. The needs of that long-term investor differ markedly from someone who is retiring in three years.
Experts may help assemble data, specialists may organize it, professionals may offer theories to explain it. But none of these can substitute for each person's own leap into the dark, jumping in to draw his or her own conclusions.
Reflections on Careers in Quantitative Finance
Carnegie Mellon's Steve Shreve is out with an interesting post on careers in quantitative finance, with his commentary on the changing landscape in quantitative research and the implications for financial education.
The stock market is people.
There are two kinds of forecasters: those who don't know, and those who don't know they don't know.
In investing, just as in baseball, to put runs on the scoreboard, one must watch the playing field, not the scoreboard.
Accountants, they have a wild side to them.
I'm a big advocate of financial intelligence.
This is all about knowing a market, ... and it's so thorough that even if you don't have personal experience in that market you can still go into it and find out, what are the things that people will pay money for!
Prediction is a very difficult business, particularly about the future
Although professionals are able to extract a considerable amount of wealth from amateurs, few stock pickers, if any, have the skill needed to beat the market consistently, year after year.
We talk to a team, they've gotten new things done, that's the best predictor we have that a company will go on to be successful.
The art of investing is not about figuring out what has already happened. It's about anticipating the futureand creating the future that others will read about in The Wall Street Journal.
And you should not expect much from pundits making long-term forecasts - although they may have valuable insights into the near future. The
If stock market experts were so expert, they would be buying stock, not selling advice.
A Quantitative Approach to Tactical Asset Allocation.")
There's a huge crowd out there that basically will go nuts recommending to every coach on the planet, "Hey, coach, I've been playing with the analytics. I think you should do X, Y, and Z."
Broadcasts from the floor of the New York Stock Exchange have propelled once-obscure financial journalists such as Maria Bartiromo to celebrity status and made CNBC to investors what ESPN is to sports fans.
Armed with an awareness of how investors value intangibles,
My experience is that short sellers do far better analysis than long buyers because they have to. The market is biased upward over time-as the saying goes, stocks are for the long run.
The suits love their numbers, Malone thinks. This new management breed of cops are like the sabermetrics baseball people. They believe the numbers say it all, and when the numbers don't say what they want them to, they massage them like Koreans on Eighth Avenue until they get a happy ending.
organisers of weight-guessing competitions and advisers helping people to refine their guesses.
What is your technical insight?
Cumulative errors depend largely on the big surprises, the big opportunities. Not only do economic, financial, and political predictors miss them, but they are quite ashamed to say anything outlandish to their clients and yet events, it turns out, are almost always outlandish.
Despite our policy of candor, we will discuss our activities in marketable securities only to the extent legally required. Good investment ideas are rare, valuable and subject to competitive appropriation just as good product or business acquisition ideas are.
Analysis paralysis is an epidemic that cripples countless dreams and great ideas. Be swift, decisive, and always move forward!
As communicators and marketers, people are so accustomed to thinking from the 'top down.' Finding the great analyst or the famous journalist who will endorse what you do and tell the rest of the world to go and buy your product.
I'm not wedded to covering the markets. I'm intrigued by the markets. If I can connect Main Street with Wall Street, then I've succeeded.
The free market is at its best when everybody works in a fish bowl and tells you their point of view ... The hedge funds and portfolio managers have a right to do this ... We've muted the analysts and their presence in the system.
No professional Wall Street tipster or plausible promoter can turn a sane person into a stock gambler as easily as his next-door neighbor bragging about his winnings. If all men profited by experience, the world would be peopled exclusively by the wise....
Being able to think and invest very long term and not worry about current earnings or Wall Street analysts can be a major competitive advantage in certain businesses. Acquire
In the corporate world, if you have analysts, due diligence, and no horse sense, you've just described hell.
I don't often know where my ideas come from. Maybe it's the fact that I'm obsessively regimented in my analysis, borderline autistic. But whether it's bond selection or asset allocation, we can do it better than just about anybody around.
Analysts have always been overly optimistic.
Intelligent investment is more a matter of mental approach than it is of technique. A sound mental approach toward stock fluctuations is the touchstone of all successful investment under present-day conditions.
I hate taxing my mind with analysis. I'm not a good analyst. I cannot talk about acting. I hate talking about it. I hate talking about analyzing.
You can't make money with a consensus accurate prediction
I deal with football from a realistic, logical point of view.
None of us are claiming that the statistical analysts understand the game of football as well as the football coaches do, or that our analysis should take precedence over the informed opinions of experts. I'm not saying that at all.
Financial institutions like to call what they do trading. Let's be honest. It's not trading; it's betting.
I contend that financial markets never reflect the underlying reality accurately; they always distort it in some way or another and the distortions find expression in market prices. Those distortions can, occasionally, find ways to affect the fundamentals that market prices are supposed to reflect.
Chess is the art of analysis.
The historical data support one conclusion with unusual force: To invest with success, you must be a long-term investor.
An investor calculates what a stock is worth, based on the value of its businesses.
The essence of analysis is surprise. When people are themselves surprised by what they say, that's when they are really making some progress.
You are in the hands of experts who have researched and perfected a system of corporate ladder climbing that, until recently, no one has dared consider feasible.
So if you are evaluating others (or yourself!) in the investment field, think out some standards - apply them - interpret them.
Basically, financial reporting is this sinking hole at the centre of journalism. You start by swimming around it until finally, reluctantly, you can't fight the pull anymore and you get sucked down the drain into the biz pages.
You should expect little or nothing from Wall Street stock pickers who hope to be more accurate than the market in predicting the future of prices. And you should not expect much from pundits making long-term forecasts.
Estimating is what you do when you don't know.
When you're an investor, you can look at the quantitative and qualitative elements of an investment, but there's a third aspect: What you feel in your gut.
The thing that people associate with expertise, authoritativeness, kind of with a capital 'A,' don't correlate very well with who's actually good at making predictions.
In the stock market the more elaborate and abstruse the mathematics the more uncertain and speculative the conclusion we draw therefrom ... .
As investors, we want to believe we are smart, insightful and uniquely talented - even though we often fail to do the heavy lifting, put in the long hours, and make the uncomfortable but necessary decisions to achieve success.
An economist is an expert who will know tomorrow why the things he predicted yesterday didn't happen today.
Imagine if you had baseball cards that showed all the performance stats for your people: batting averages, home runs, errors, ERAs, win/loss records. You could see what they did well and poorly and call on the right people to play the right positions in a very transparent way.
Whenever you have the kind of market that is taking shape now - a wildly volatile one with big pricing discrepancies - it plays right into the hands of managers who are very focused on research and stock picking.
While it's wonderful that investors have access to all the data now available to them, it has become a full-time job to sift through it and separate out the valuable news from the useless noise.
There are lots of people shaping decisions, and so if we want to predict correctly, we have to pay attention to everybody who is trying to shape the outcome, not just the people at the pinnacle of the decision-making pyramid.
Financial analysts make a lot more than accountants.
The fundamental work of investment management is filtering. The question is what do you filter.
Value investing is at its core the marriage of a contrarian streak and a calculator.
Most look at earnings and earnings potential, well I can't get into that game.
In the investment business, you must expect to be wrong.