Do institutions actually care about performing well? Aka beating the SP500 or are more concerned with earning $$$ for themselves?
A very large number of well educated analysts and heads of depts across various IB’s and hedge funds have regularly made wrong calls in their reports almost as if their reputation does not matter. Is it in their interest to be right or just publishing the report will do (being wrong consistently is immaterial)?
Focux3 karma
Do institutions actually care about performing well? Aka beating the SP500 or are more concerned with earning $$$ for themselves?
A very large number of well educated analysts and heads of depts across various IB’s and hedge funds have regularly made wrong calls in their reports almost as if their reputation does not matter. Is it in their interest to be right or just publishing the report will do (being wrong consistently is immaterial)?
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