Comments on: REVENUE MAY UPSTAGE PROFITS THIS EARNINGS SEASON http://pragcap.com/revenue-may-upstage-profits-this-earnings-season Sat, 26 May 2012 02:09:32 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: hbl http://pragcap.com/revenue-may-upstage-profits-this-earnings-season/comment-page-1#comment-6732 hbl Tue, 06 Oct 2009 14:13:54 +0000 http://pragcap.com/?p=10210#comment-6732 Wow, that first graph tells an interesting story... is it really true that more than half of companies have beat estimates every quarter since 1998/Q3! How to build an upwardly biased market: Step 1: Convince investors the market has always priced in all knowable information at all times Step 2: Systematically underestimate earnings Step 3: Surprise! Up go share prices... Step 4: Repeat Not a novel thought, I just hadn't seen visual evidence. Wow, that first graph tells an interesting story… is it really true that more than half of companies have beat estimates every quarter since 1998/Q3! How to build an upwardly biased market:

Step 1: Convince investors the market has always priced in all knowable information at all times

Step 2: Systematically underestimate earnings

Step 3: Surprise! Up go share prices…

Step 4: Repeat

Not a novel thought, I just hadn’t seen visual evidence.

]]> By: xxxxxL http://pragcap.com/revenue-may-upstage-profits-this-earnings-season/comment-page-1#comment-6729 xxxxxL Tue, 06 Oct 2009 11:04:52 +0000 http://pragcap.com/?p=10210#comment-6729 Whilst Bloomberg information are always to be treated with attention,I heard that WS will change the basic arithmetic of estimates to the number of people staying under employment in the Dow and SP 500 companies. The staff incremental inflows will be rewarded through stocks prices and the staff outflows severely sanctioned. Whilst Bloomberg information are always to be treated with attention,I heard that WS will change the basic arithmetic of estimates to the number of people staying under employment in the Dow and SP 500 companies.
The staff incremental inflows will be rewarded through stocks prices and the staff outflows severely sanctioned.

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