article thumbnail

Equity Research: Understanding the Role of Stock Analysts

Tom Spencer

This includes analyzing a company’s financial statements, such as its income statement, balance sheet, and cash flow statement. This may include writing research reports, giving presentations, and participating in conference calls or meetings. Zuhair Imaduddin is an Innovation Development Analyst at JPMorgan Chase.

article thumbnail

10 Flaws with Mainstream Economics

Tom Spencer

Corporate finance academics argue that firms should act to maximise shareholder value, since shareholders are the owners of the firm. Concentrations of wealth may even confer a benefit on society. Herbert Simon called this approach to decision making ‘ bounded rationality ‘ 2. Profit maximisation.

article thumbnail

Reflections on 2013; What's Important, What's Not? What's Ahead?

MishTalk

Had I suggested in 2007 that the Fed balance sheet expansion of $75 billion a month would have been considered "tightening" people would have thought I was nuts. Total credit in the economy (total social financing) showed a 40 per cent rise in November over the prior month and is on course for growth this year of almost 20 per cent.