Importance of Financial analysts
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In an efficient equity market, where there are no mis-priced stocks, no one can make abnormal rates of return. If this is the case, how would you then justify the existence of well-paid financial analysts in all states in the United States?
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Solution Summary
Even in a efficient market, which is almost impossible to imagine, financial analysts are required by any investment firm to keep themselves abreast of latest happenings, global trends and financial performances of publicly listed companies.
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Financial Analysts goal is not restricted to providing opportunities to make abnormal rates of returns. Even in a efficient market, which is almost impossible to imagine, financial analysts are required by any investment firm to keep ...
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- MBA, Rochester Institute of Technology
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