Are stock tips in finance mags worth it?

Last updated on Oct 24, 2007

Posted on Oct 24, 2007

Many of the small investors follow the recommendations and tips of fancied stock analysts.. but are these tips of any use? Well, here are the results from an objective test…. these highly-paid guys failed miserably! The conclusion:

the buy recommendations of columnists in prominent business magazines on average underperform an equal-weighted benchmark over the weeks, months and first year after publication.

 Technorati : forbes, fortune, stocks

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