Astrologer
One
who studies the positions and relationships of the sun, moon, stars, and
planets in order to judge their influence on human actions? Astrology,
unlike astronomy, is not a scientific study and has been much criticized by
scientists. Source: The American Heritage® New Dictionary of
Cultural Literacy, (Note Astrologers may use parrots and sometimes even
donkeys)
Analyst:
Securities
Analyst is a person who researches and reports on the state of securities.
Similar to astrologers use of parrot Security analyst may use diagrams and
mathematical formulas.
Financial Journalists
Tracks, records, analyze and interpret
the economic
changes that take place in markets, well-known and not-so-well-known companies.
To be successful
investor:
Companies primary purpose is maximizing
shareholder value. The primary purpose of financial analysts or journalists is
maximizing their value or their stake holder value not your invested company’s
value. Companies financial statements have more truth than even what your
invested companies CEO' tell in news conferences and press meetings. Even
though financial statements can be cooked they leave a trail and can be traced.
Use stock tips by analysts and
journalists to get direction but not to make decision. Without fire there may
be no smoke thing is not always true.
Approach things with pinch of salt.
Develop your own system and stick with
it
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