Reliance Communications deal with Reliance Industries - Bullfax.com

Having worked as a sell-side analyst in the late 90s (I covered tech stocks), I value the reports research analysts write - up to a point. For one, due to regulatory concerns, sell-side analysts have no ?skin in the game?. They can?t own the stocks they write about, and that makes a difference. It?s easy to keep recommending a falling stock as a ?Buy? when you don?t feel the pain of the losses personally or have to explain them to the portfolio manager you work for.

Source: http://www.bullfax.com/?q=node-reliance-communications-deal-reliance-industries-inevit

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