This is the eBook version of the printed book.
How do you read between the lines, decipher the analysts' insider code, put the research in context, and actually use it to make money? Read Full of Bull by Stephen McClellan. For decades, McClellan was one of the Street's leading analysts. He knows exactly how the game is played. In this book, for the first time, he reveals those secrets and deliberate deceptions, putting you on a level playing field with the world's biggest institutional investors. You'll learn how to do what Wall Street does, not what it says... uncover analysts' hidden influences, biases, and blind spots; react appropriately to upgrades, downgrades, and stock price targets; decide which research to ignore completely; bring a clear eye to company announcements and media events; avoid common errors individual investors make when they use research. Then, drawing on his immense experience analyzing the world's most prominent companies, McClellan also shows how to do your own research, systematically evaluate a company's investment prospects, and make investing decisions based on core principles that work. Forthright and bold, Full of Bull offers objective, focused guidance you should be getting from your broker but aren't!
