To carry on from Strantor's hilarious "Let's give it up for the idiots!" thread, where he encountered a gaggle of idiots doing jobs better done by non-idiots, I'd like to start to build a list of professions where being an idiot is a job requirement.
I'll start it of with stock analysts. These people truly believe they understand the workings of every business on the planet and feel they can better determine where any given company is doing well or messing up better than the people that created and are running the business. They continually employ tired old phrases and axioms to make these judgments, and then using metrics as effective as a handful of chicken bones, have the gall to predict the future value of said companies.
A recent study by the CXO Advisory Group (http://www.cxoadvisory.com/gurus/) puts their accuracy at 47.4%. That’s right folks, that quarter in your pants pocket will beat the worlds best stock analysts!
A profession of idiots!
I'll start it of with stock analysts. These people truly believe they understand the workings of every business on the planet and feel they can better determine where any given company is doing well or messing up better than the people that created and are running the business. They continually employ tired old phrases and axioms to make these judgments, and then using metrics as effective as a handful of chicken bones, have the gall to predict the future value of said companies.
A recent study by the CXO Advisory Group (http://www.cxoadvisory.com/gurus/) puts their accuracy at 47.4%. That’s right folks, that quarter in your pants pocket will beat the worlds best stock analysts!
A profession of idiots!