Glossary entry (derived from question below)
English term or phrase:
good calls
English answer:
good predictions
Added to glossary by
Stephanie Ezrol
Apr 27, 2010 22:23
14 yrs ago
3 viewers *
English term
QUALITY AND VALUE
Native in: Polish 
Works in: English to Polish, Polish, Polish to English, and 1 more.
good calls
English
Bus/Financial
Investment / Securities
Could anyone explain what "good calls from brokers" means in the passage below?
"Not one big bottom that I have found was ever called by a Wall Street analyst with a buy recommendation, either. The "hold to buy" parlance never coincided or was predictive of the bottoms I am trying to catch. These people make you money, for the most part, by luck. Almost all of the major analysts at the large firms got hired for banking prowess—bringing in the next underwriting deals—not for stock picking. If you have to use one, be sure he doesn't do banking first, so you at least know that you are the client and not the investment banker down the hall. In a study of literally thousands of big bottoms in the stock market or in individual stocks I couldn't find a single big bottom that was snared by these folks. In fact, it is the opposite. I found their downgrades to be more predictive of important bottoms than their upgrades because of their inability to see the bottoms coming. So there's nothing in this chapter that relies upon my hedge fund specialty, ***my good calls from brokers** for all the business I did, nor my close contacts with dozens of analysts from around the country. "
The passage comes from a book on stock investing.
Thank you in advance.
"Not one big bottom that I have found was ever called by a Wall Street analyst with a buy recommendation, either. The "hold to buy" parlance never coincided or was predictive of the bottoms I am trying to catch. These people make you money, for the most part, by luck. Almost all of the major analysts at the large firms got hired for banking prowess—bringing in the next underwriting deals—not for stock picking. If you have to use one, be sure he doesn't do banking first, so you at least know that you are the client and not the investment banker down the hall. In a study of literally thousands of big bottoms in the stock market or in individual stocks I couldn't find a single big bottom that was snared by these folks. In fact, it is the opposite. I found their downgrades to be more predictive of important bottoms than their upgrades because of their inability to see the bottoms coming. So there's nothing in this chapter that relies upon my hedge fund specialty, ***my good calls from brokers** for all the business I did, nor my close contacts with dozens of analysts from around the country. "
The passage comes from a book on stock investing.
Thank you in advance.
Responses
| 4 +4 | good predictions |
Stephanie Ezrol
|
| 3 +3 | good decisions |
Mikhail Kropotov
|
| 3 | not false |
Gary D
|
Change log
May 11, 2010 10:24: Stephanie Ezrol Created KOG entry
Responses
+4
1 hr
Stephanie Ezrol
United States
United States
Native in English
&
English
United States
French to English, English to English
Native in: English
Works in: English, French to English, French Middle (ca.1400-1600) to English
Related KudoZ points
:
4
Selected
good predictions
A good call refers to a good a good prediction of a profit on an investment. The call is rooted in the idea expressed as, did you call it right? Did you correctly predict how this investment would move? So it is that sense a good prediction on how to bet.
Here's some examples:
HEADLINE. Avon Stock May Be a Good Call Due to China Growth
As China helps lead the global recovery, the Avon Lady is there making sure the country is ready for its close-up.
Avon Company (AVP: 32.7, -1.04, -3.08%), says Jill Evans, co-portfolio manager of the Alpine Dynamic Dividend
Fund, has a huge stake in emerging markets. “It is very well positioned in this rebounding global consumer economy,” says Evans. “60% of its sales are in emerging markets, Brazil being the largest with 23% of its sales.’
http://www.foxbusiness.com/story/markets/industries/retail/a...
AND
HEADLINE: Money Morning Expert Makes Noise with Market Call
But how great a “market call” really was it, given that the blue-chip index was already on its way down, that American International Group Inc. (AIG) was already in trouble, and that Lehman Brothers Holdings Inc. (LEHMQ) was already bankrupt?
True, it was a good call. But it wasn’t a truly great one. So, no, Roubini was clearly only the runner-up in the “Call the Bear Market Bottom Sweepstakes.”
http://moneymorning.com/2009/04/15/money-morning-market-call...
Here's some examples:
HEADLINE. Avon Stock May Be a Good Call Due to China Growth
As China helps lead the global recovery, the Avon Lady is there making sure the country is ready for its close-up.
Avon Company (AVP: 32.7, -1.04, -3.08%), says Jill Evans, co-portfolio manager of the Alpine Dynamic Dividend
Fund, has a huge stake in emerging markets. “It is very well positioned in this rebounding global consumer economy,” says Evans. “60% of its sales are in emerging markets, Brazil being the largest with 23% of its sales.’
http://www.foxbusiness.com/story/markets/industries/retail/a...
AND
HEADLINE: Money Morning Expert Makes Noise with Market Call
But how great a “market call” really was it, given that the blue-chip index was already on its way down, that American International Group Inc. (AIG) was already in trouble, and that Lehman Brothers Holdings Inc. (LEHMQ) was already bankrupt?
True, it was a good call. But it wasn’t a truly great one. So, no, Roubini was clearly only the runner-up in the “Call the Bear Market Bottom Sweepstakes.”
http://moneymorning.com/2009/04/15/money-morning-market-call...
4 KudoZ points awarded for this answer.
Comment: "Selected automatically based on peer agreement."
+3
3 mins
Mikhail Kropotov
Germany
Germany
Germany
US-educated, precise & thorough
Native in: Russian
Works in: English to Russian, Russian to English, Russian
good decisions
i.e. the good decisions I made based on my brokers' advice
Peer comment(s):
| agree |
Jenni Lukac (X)
: "calls" based on the right to buy a stock at a certain price - a matter of knowing when to buy...
4 mins
|
| agree |
Jack Doughty
20 mins
|
| agree |
Joyce A
4 hrs
|
5 hrs
not false
my good calls.
my good calls the ones which I made which were not false calls, and were taken up by me from brokers. A lot of brokers make a call on stock, the guy on the floor has to make a decision, and look at the board check the price and make a good call which is accepted and does not turn out to be a false call or bad call.
my good calls the ones which I made which were not false calls, and were taken up by me from brokers. A lot of brokers make a call on stock, the guy on the floor has to make a decision, and look at the board check the price and make a good call which is accepted and does not turn out to be a false call or bad call.
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