Google To $2000/Share? Somebody Muzzle Blodget

Michael Arrington on what we all have thought about analyst predictions at one point or another.

Google To $2000/Share? Somebody Muzzle Blodget: “The problem is that Blodget, like all analysts, build authoritative sounding but essentially bullshit predictive models to back up whatever prediction they’ve just pulled out of their ass. “

(Via TechCrunch.)


One Comment on “Google To $2000/Share? Somebody Muzzle Blodget”

  1. Greg Linden says:

    Awesome quote. Mike nailed it.

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