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Comments

al

Great analysis BIG. Citi should analyze itself first, NO FIX ITSELF, and then forecast projections on the rest of the industry.

This reminds me of dogs-- each smelling each others scent and then peeing in the exact same place !!!1

danny

very interesting -- you guys should do this type of thing weekly (put a sell sider under the spotlight)

Also, although not directly related, there is an awesome "buy vs sell side analysts" Harvard research paper on the CFA Institute website (basically says buy side analysts are WORSE stock pickers than sell siders)

Link is:

http://www.cfapubs.org/doi/pdfplus/10.2469/faj.v64.n4.3

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