Guest Grey512 Posted July 2, 2015 Share Posted July 2, 2015 dear COBF users, Some-time lurker here, recent joiner. My inaugural post is a question on a topic which long interested me: how much attention do value investors pay to Wall Street & the sell-side? I have heard all sorts of responses to this topic. Some value investors completely ignore the Street (no broker research reading, no talking to analysts, etc). Some are in the middle and occassionally read such reports. And some can quickly make decisions about securities based on just reading sell-side research - e.g. Daniel Loeb has a video recording on YouTube where he said that he read a research report that "smelled right" and he consequently made a buy/sell decision on a security "in a few minutes". Personally, I am somewhere "in the middle". I actively try to avoid sell-side research (even any news alerts or articles about some IBank downgrading some stock that I am interested in), but I find that this requires some effort on my part and to be perfectly honest with you, the Wall Street noise does sometimes get to me and make it harder to pull a trigger on a company purely because I am (unfortunately) aware that the Street recently downgraded it, for instance. Very interested in hearing your views. ;) Link to comment Share on other sites More sharing options...
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