I don't know why I still read the information that professional analysts pump out, and I suspect that a fair percentage of them are actually just bots these days. I suppose it's just force of habit.
I was reflecting on decades of experience researching and reading about companies and the people that comprise them, their markets, and their financials. And recalling a good number of times that I was spurred by information pumped out by analysts and various “professional” advisors.
I cannot recall a single time in all those years where following the advice of professionals resulted in me gaining a dime, and every time, I lost. I lost a little or a life changing lot.
Has anyone else faired better? Is there anyone out there who does this for a living, and through the goodness of their heart, actually have the interests of other people in mind when they pump out their analysis of a company? Is there something more to it? Could it be that when these professionals pump out stock advice that the market makers react and leverage that to their gain and everyone else's loss? I suppose I'm just feeling jaded about how wrecked everything is right now.
Nothing like watching your wages get devalued, your dollars become worth less, and your lifetime of savings devalued, THEN they chase it with a bunch of market crashing, life ruining policies and tactics. You can be as frugal, hard-working, and clever as you like for decades and it really doesn't matter when the unit of measure, the store of wealth, the dollar, is corruptible, tamperable, and rendered worth less more and more rapidly. Anyhow, while that isn't directly analysts faults, I think all those experiences carry some weight, need some consideration and reflection. NO ONE is looking out for you, but yourself. If you take advice from others, take it with a grain of salt. Ask why they are pumping (or dumping) on one company or another.
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