I just reread an article by james kirby on eureka report recommending ABC Learning in nov 16, '05
he says "the company offers many of the key facets Warren Buffett-style investors seek in an equity investments"
Oh well we know what happened here don't we.
anyway I always keep this article as a little reminder of how wrong analysts can be. these guys are supposed to have the inside info as they visit companies, study all manner of ratio, make intrinsic value calculations and so on.
Just goes to show that analysts with all their MBAs and fundamental analysis know sweet fa.
