The Dangers of Overreacting to Quarterly Earnings

People wait, you know, on baited breath for every quarterly earnings report and they make their buy decisions based on that particular buy or sell recommendation from an analyst. But looking at something over a 10 year time period is going to really tell you that this is what the company is doing and this is where it's going. The San Francisco Giants spent $60 million to go out and buy a closer who can pitch in the last inning of the game but he had a very bad game yesterday.