Skip to content
Archive of entries posted on 17th July 2018

A stupid game: Beating or not beating the ignorant dummies, called Wall Street analysts

If you beat, your stock goes up. If you don’t, you stock goes down. This has nothing to do with “Is the stock worth holding?“ Let’s take Netflix. It earned 85 cents, versus an analyst estimate of 79 cents. Hence it beat. So things should be good. But No. Wall Street is obsessed with subscriber […]