Devina Mehra: Why external analysts can often see something that a company’s own managers cannot

The rules of investing are clear: every investment must get returns. But as history has shown, managements that get carried away by waves can develop blind spots. Meta and Tesla, for example, have confident CEOs but that doesn’t mean they’re always right.

The interesting thing I have learnt over the years is that as an outsider, especially one with an overview of many others industries, economic history and other geographies, it is possible to see a p…

Originally published by Livemint. Read the full article →