In the 1990s, many investment firms hired numerous fundamental analysts and very few technical analysts. Following the market downturns of 2000, 2001, and 2008, investment firms realized their mistake and hired far more technical analysts than fundamental analysts.

Question

Quizplus · Accepted Answer

While the market downturns highlighted the limitations of relying solely on fundamental analysis, investment firms did not overwhelmingly shift to hiring more technical analysts than fundamental analysts. Both types of analysis are used, but fundamental analysis remains a core approach in investment decision-making.

In the 1990s, Many Investment Firms Hired Numerous Fundamental Analysts