It’s “an article of faith among Wall Street research departments,” wrote David Dreman in Contrarian Investment Strategy (1979): “nothing is as important in the practice of security analysis as estimating the earnings outlook ... Forecasting is the heart of most security analysis … [Read more...] about How experts’ earnings forecasts harm investors
Archives for July 2022
Leithner & Co Preliminary Half-Year Report
Dear Leithner List Members, Linked below is the preliminary Half-Year Report, distributed to shareholders last week, summarising Leithner & Co's operations and results for the six months to 30 June. Not just despite the market’s turmoil and volatility, but also because of … [Read more...] about Leithner & Co Preliminary Half-Year Report