&gt; I find it very surprising that investors would follow such guidance without being able to see the numbers.<p><a href="https:&#x2F;&#x2F;www.youtube.com&#x2F;watch?v=Lx4poQw1mZo" rel="nofollow">https:&#x2F;&#x2F;www.youtube.com&#x2F;watch?v=Lx4poQw1mZo</a><p>&gt; How are businesses who produce this kind of report evaluated?<p>These reports are made by sell-side analysts, and the banks are evaluated by how much profit their buy-side analysts can make. See a disconnect?<p>&gt; Do people count the number of times they predicted correctly or incorrectly?<p>Google &quot;analyst ranks&quot;, so I guess once a year, but investing is mostly a relationship-based environment so the actual ranks might not make a difference that often<p>I will say Dave Wessels is real good at this