Against the odds: Buy FedEx or not – but forget its fleet size
FedEx financiers: size really doesn’t matter…
Against the odds comes in two forms: a column, on merit when warranted, and a monthly excel calculator, which is updated around the beginning of each calendar month. It challenges common sell-side wisdom in financial markets that the future often has better events in store than the past. The vast majority of consensus estimates from analysts, often modelled against a company’s guidance, are a case in point.
In a typical bearish fashion, this new Loadstar product aims to highlight critical risks that ...
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