Is Our Industry Intellectually Lazy? [Archive.org URL]

The Financial Analyst Journal has an editorial designed to stir up controversy. The title? “Is Our Industry Intellectually Lazy?” In it the editor Robert Arnott references numerous cases where people who know better either make use of unrealistic assumptions or forget their fundamentals, and subsequently make erroneous conclusions. Interesting and disturbing. [FinanceProfessor.com Annotation]

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