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Sure, if you are selling the strategy and not executing on it then its performance is actually irrelevant, all that matters is your ability to convince others o
by ses1984 7y ago
Sure, if you are selling the strategy and not executing on it then its performance is actually irrelevant, all that matters is your ability to convince others of its value.
- listenallyall 7y agoThe whole point of equity analysts is to impress clients (which is why they are made public), not for the banks themselves to take positions based on the research. Hedge funds who actually trade, don't release research or buy/hold/sell recommendations.