Saturday, January 12, 2013

CLSA pays respect to financial markets karma





We have alluded in recent days to poor forecasting of financial indices and stocks by the broking industry. That has prompted the arrival of a couple of reports showing rather good forecasting prowess. The CLSA Global Consumer sector report starts off modestly with: "We had a lucky year with 2012. Our two top picks in Global Consumer (out of a total of 210 stocks) were Prada (up+110%) and Sands China (up+55%).









via Business feed http://www.scmp.com/business/article/1125907/clsa-pays-respect-financial-markets-karma

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