Sell-Side Analysts and Accuracy (or Lack-thereof)

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Today in crappy forecasters: JPM chart of sell-side firms whose S&P  forecasts were off >10% -

H/T to Paul Kedrosky

Dan Loeb’s Third Point Returns 1.9% In Jan Amid Market Turmoil

Activist hedge fund Third Point LLC recorded a profit of 1.9% in January, according to a copy of the firm's latest performance tear sheet, which ValueWalk has been able to review. These figures seem to suggest that the hedge fund managed to make the most of January's market volatility, as other hedge funds struggled. The Read More


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