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Rohan Saha

complicated Investor • 1d

Some research analysts seem to think people are fools, perhaps. One of their stock research reports contradicts their own other research report. I was just reading a company's research reports, and in one, they were saying that gold will reach 1 lakh (INR) this year (the company is based in the USA, but I'm converting it into INR). Then today, another research report of theirs was released, suggesting that gold might crash by 38% from here. And the funny thing is, both reports are made by the same person! Basically, if gold's price increases, they'll take credit for it, and if it decreases, they'll take credit for that too. Either way, they win.

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