Full of Bull (Updated Version)
Discover the truth about stock analystsa research. The Truth About Wall Street Stock ResearchaNow 100% Updated for Todayas Markets! They mislead. They confuse. You canat afford to listen to one word stock analysts sayaespecially not right now. Wall Street wonat tell you how to protect your capital or steer you toward gains. The Street is good at selling, not analyzing; it wants you to trade, not invest. In Full of Bull, one of the Streetas leading insiders reveals the hidden code behind Wall Streetas Byzantine practices. For decades, Stephen McClellan was one of the Streetas top analystsahe knows exactly how the game is played. Now, in this revised guide for the individual investor, he describes how Wall Street came to cost investors billions by denying the realities of a market collapse in progress. He explains how a congenitally favorable bias led brokerages to keep recommending stocks, such as AIG and Fannie Mae, up until the moment of their ultimate demise. In Full of Bull, youall learn how to look for analystsa favoritism and blind spots; how to react appropriately to upgrades, downgrades, and price targets; and how to recognize what company announcements really mean. Drawing on his immense body of experience analyzing top companies, McClellan shows you how to systematically evaluate a companyas prospects and choose investments based on principles that work. This is exactly the kind of objective, focused guidance you wonat be getting from your broker!It is all about investing, not trading, because investing is the way to make money in the stock market. ... Street commentary and opinions, properly assess statements by corporate executives, and put news media reports in their proper context.
| Title | : | Full of Bull (Updated Version) |
| Author | : | Stephen T. McClellan |
| Publisher | : | FT Press - 2009-06-11 |
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