Henry Blodgett

speaker
573 appearances 1 recordings 1 series first heard May 2025 last heard May 2025

Henry Blodgett’s voice in public audio — every appearance, attributed to the second.

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So so I think that's too bad that we've lost that.
And I think in research
I don't look.
Back in the 1990s, analysts were asked to do lots of different jobs.
There were articles in Wall Street Journal all the way along.
You know, analysts wear two hats.
They write about stocks and they also talk to companies about raising money, and the companies have to like them.
Or of course, they would never choose the firm to take them.
So analysts were in a position where they were doing a lot.
And I would say, as an analyst now, okay, fine.
Now it's just right about stocks.
Stocks and talk to investors and so forth.
But interestingly, one of the big things that was cited is proof.
That there was some deep corruption in research, which I do not believe there was, was that so many of the ratings were positive.
So many of the ratings are still positive.
And you know what?
There are a lot of reasons for that.
One, analysts only cover the companies that they like, generally.
Nobody likes a bear.
You go out and just insult a company all day.
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