Hacker News new | ask | show | jobs
by Stasis5001 2381 days ago
As an employee at a megacorp, sure, you can see a little bit about how things are going from the inside. That said, you probably spend less time looking at reports than professional analysts. Secondly, sure, maybe you can see how great your company is, but do you have a frame of reference to a million other companies and their projects and cultures? There's a strong bias towards thinking you know more than the market that I would be wary of.
2 comments

That depends a lot on your past background. A number of the employees at these megacorps have either worked in finance before, or at one of the big consulting firms, or they've done the Valley dance between the hot growth companies of the moment. So they do have that reference point between many different companies. There's sort of a revolving door among many of the elite institutions that run the world - Ivy League universities, large dominant corporations, big-name consulting, finance, and government.

If this doesn't apply to you, and a megacorp was your first job out of college that you stuck with for your whole career, you may want to be a bit more cautious with your capital.

You forgot to mention that many analysts are full of BS anyway: https://www.inc.com/geoffrey-james/financial-analysts-are-ut...