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liuming

Why are the so-called Wall Street experts almost always wrong?

http://netoffer.com/life-settlement/why-are-most-wall-street-analysts-wrong-more-often-than-theyre-right/

* Most experts are guilty of Group Think, not unlike the government. * The research span of most “Gurus” is very limited. * Most experts lack creativity and have a limited knowledge base * Most experts are more concerned about their personnel finances, than the performance of their client’s investments.

( Read More... | no comments | 2 points | on HN )
Re:Backdoor found in a China-made US military chip on Sunday May 27, 2012 @04:24PM (#4030932)
Dear Greeks, we Trojans can't make our own horse, so can we buy one from you, please? No worry, I'll blame you later.
Re:China: Crowdsourced tax enforcement on Sunday April 22, 2012 @12:05PM (#3875160)
Then most of the ordinary consumers(people) will confuse and lose the motivation to ask for this receipt. Because a lot of Chinese people don't, don't need and don't know how to fill tax return.

The government don't want to do that as well, because if then they are indirectly educate people there is a concept of tax return exists, which is most people don't aware of. That is a big chunk of money government steal away from people every year.

Re:I don't hire unlucky people on Friday April 06, 2012 @01:05AM (#3806070)
Hiring is hard. Try not to judge candidate's professional qualification with their personal lives. And try not to let' your indirect measurements to override your direct measurements.
Re:It's not a talent shortage, it's a hiring problem on Saturday March 10, 2012 @11:38PM (#3689562)
My stupid comment on the interviewing is: Go figure out how many people can do an excellent job as an interviewee, take the number, divide it by 10 or 20 - that's the number of interviewer who know how to conduct a good interview.