Investing for 2011: Corey Ribotsky
Here’s an interesting blog post explaining that investors may be rethinking their lofty expectations for 2011. As the author explains, “The equity strategy crew at Goldman Sachs chopped their estimates for 2011 calendar year earnings per share to $89 from $93 Monday, citing the decision of Goldman’s research shop to cut its GDP growth estimate for 2011.”
This is certainly news that’s worth keeping track of if you’re a Managing Member of an investment firm like Corey Ribotsky, or just someone who is diligent about investing.