Mary Meeker and Henry Blodget are symbols of greed from first dot com bust. These two knowing cheered on worthless tech stocks that went bust, they did it right until the end. These two hucksters walked away with small fortunes in fees collected while analysts at Morgan Stanley and Merrill Lynch. They did this as everyone else went belly up. If the ratings agencies were complicit in the 2008 financial meltdown these two played the same supporting role in in the 2001 dot com bust.
I read the WSJ article you linked to. Undoubtedly she made some very bad calls during the Internet bubble - as did most analysts - that's why it's a 'bubble.' However, we shouldn't permanently marginalize/attack somebody for mistakes they made in their career 15 years ago. This slide deck IMHO is amazing, and surely mostly compiled by researchers/interns, not Ms. Meeker.
Are you joking? We shouldn't blame the analyst who was actively recommending people buy garbage but we should blame her interns? The buck stops with her. If she hadn't looked at the data then she had no business recommending other people to buy something. People lost real money and lots of it. Saying she made "some bad calls" is an insane understatement. She profited heavily from other peoples losses. So yes we should continue to hold in low regard someone who so willfully misled the public for her own gain. And no its not a bubble because someone made "some bad calls."
Sure, but that aligns these sell side analysts against our interests.
Her opinion should be prefaced in the above manner, I for one am glad to know her history. Investing is a tough game if an analyst can't handle criticism and attacks when they make mistakes, then they shouldn't be doing this job.
She probably cost a whole lot of people their life savings, I'm sure the impacts of that has lasted longer than 15 years.
Mary Meeker and Henry Blodget are symbols of greed from first dot com bust. These two knowing cheered on worthless tech stocks that went bust, they did it right until the end. These two hucksters walked away with small fortunes in fees collected while analysts at Morgan Stanley and Merrill Lynch. They did this as everyone else went belly up. If the ratings agencies were complicit in the 2008 financial meltdown these two played the same supporting role in in the 2001 dot com bust.
http://www.wsj.com/articles/SB984003129896660782
Blodget is just as much of a scum bag:
http://www.lawyershop.com/practice-areas/criminal-law/white-...