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Aug 31, 2000

The collectors

A dissection of equity research rankings

Imagine being an entomologist, faced with around 1 mn known species of insect, and another 9 mn or so waiting to be discovered. It's estimated that ants alone make up 10 percent of our planet's animal biomass. Luckily there's a system of taxonomy to help keep all those bugs straight. Now imagine being an investor relations officer, faced with swarms of analysts and fund managers that seem to multiply all the time and whose animal biomass is only held in check by daily trips to the gym. Indeed

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