When estimating even CFAs can get emotional

McKinsey research shows that equity analysts have been overoptimistic for the past 25 years. They have forecast, on average, nearly double the actual earnings-growth rates with their estimates ranging from 10 to 12 percent annually compared with actual growth of 6 percent. Yet the CFA’s (Certified Financial Analysts) who abound in these role are such analytical people who eschew emotion in assessing companies. Who would have thought…see http://bit.ly/dzzhVm

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About Curious and Interested

Former Leader and Manager now trainer and Learner. Enquiring, Curious, Buys more books than can ever read but still reads a lot and listens to audiobooks. A sucker for gadgets...Ipad, Kindle, Chromecast, apple watch. I aim to improve understanding and cause reflection. Not claiming to be the expert.
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