Stenographers and Sycophants
We talk about financial analysts and why it's sometimes more accurate to call them sycophants and stenographers, and how these analysts become cheerleaders of the companies they're supposed to cover. They praise as opposed to appraise. (Repeat)
Bubble Trouble: Laying Out Inconvenient Truths About How Business and Financial Markets Really Work · Magnificent Noise
August 29, 202226m 35s
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Show Notes
We talk about financial analysts and why it's sometimes more accurate to call them sycophants and stenographers, and how these analysts become cheerleaders of the companies they're supposed to cover. They praise as opposed to appraise. (Repeat)
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