The Internet has rapidly become capitalism's great equalizer, giving even individual investors of modest means access--free in some cases--to the kind of information that until recently was the province of Wall Street's financial elite. And it not just about access. It's about speed . . . Of course speed and access to reams of information can't make up for bad judgement.
"Internet Financial Advisor" from Fortune's "Technology Guide" (Winter 2000)Wall Street research reports are more sales documents than disinterested analyses . . . the tendency is for analysts to play up the good and sugar-coat the bad.
Jeffrey M. Laderman in The Trouble with Free Investing Advice ($$) from BusinessWeek (11/29/99)
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