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Raymond Matison writes: Every day there are numerous well written financial reports authored by highly experienced and well recognized analysts employed by large and prominent brokers as well as numerous well regarded investment advisors. Over the years many have built respectable careers in following and recommending bond, equity and precious metal investments that have been profitable to their clients. It is a system based on merit; and analysts with profitable recommendations thrive, while money losers soon find themselves employed elsewhere. Working for such firms, requires writing reports on the state of the industry, individual companies, and making recommendations even at a time when investment opportunities are scarce, overvalued, or there is not much new to report.
