3 ms·
I'm not too familiar with the Research / IB relationship or ethics of it but I'm curious about how this would affect the general market if they did know about i
by an4rchy 10y ago
I'm not too familiar with the Research / IB relationship or ethics of it but I'm curious about how this would affect the general market if they did know about it. Do people blindly follow Goldman's research advice and thereby increase the share price and give Goldman a higher commission or something?
- andrewtbham 10y agoi wouldn't say that people blindly follow the research at big investment firms, but they take it seriously. i had invested for years and just used company reports, yahoo finance, motley fool, and media articles. when i invested in tesla i ended up getting morgan stanley's research. i couldn't believe how well done it was. the media and the other resources are a joke in comparison. one of the key things is they have models into the future that project sales and profit and have dcf analysis. if you want to bring down income inequality, you should make a napster for financial research.
- genieyclo 10y ago> you should make a napster for financial research. MarketBrief is sorta this (YC S11)