This site uses cookies. Some of these cookies are essential to the operation of the site, while others help to improve your experience by providing insights into how the site is being used. For more information, please see the ProZ.com privacy policy.
Cookie settings
  1. KudoZ™ Top
  2. English
  3. Investment / Securities

good calls

English translation: good predictions

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:good calls
Selected answer:good predictions
Entered by: Stephanie Ezrol

22:23 Apr 27, 2010
English language (monolingual) [PRO]
Bus/Financial - Investment / Securities
English term or phrase: good calls
Could anyone explain what "good calls from brokers" means in the passage below?

"Not one big bottom that I have found was ever called by a Wall Street analyst with a buy recommendation, either. The "hold to buy" parlance never coincided or was predictive of the bottoms I am trying to catch. These people make you money, for the most part, by luck. Almost all of the major analysts at the large firms got hired for banking prowess—bringing in the next underwriting deals—not for stock picking. If you have to use one, be sure he doesn't do banking first, so you at least know that you are the client and not the investment banker down the hall. In a study of literally thousands of big bottoms in the stock market or in individual stocks I couldn't find a single big bottom that was snared by these folks. In fact, it is the opposite. I found their downgrades to be more predictive of important bottoms than their upgrades because of their inability to see the bottoms coming. So there's nothing in this chapter that relies upon my hedge fund specialty, ***my good calls from brokers** for all the business I did, nor my close contacts with dozens of analysts from around the country. "

The passage comes from a book on stock investing.

Thank you in advance.
Michał Szewczyk
Local time: 09:49
good predictions
Explanation:
A good call refers to a good a good prediction of a profit on an investment. The call is rooted in the idea expressed as, did you call it right? Did you correctly predict how this investment would move? So it is that sense a good prediction on how to bet.

Here's some examples:

HEADLINE. Avon Stock May Be a Good Call Due to China Growth
As China helps lead the global recovery, the Avon Lady is there making sure the country is ready for its close-up.

Avon Company (AVP: 32.7, -1.04, -3.08%), says Jill Evans, co-portfolio manager of the Alpine Dynamic Dividend
Fund, has a huge stake in emerging markets. “It is very well positioned in this rebounding global consumer economy,” says Evans. “60% of its sales are in emerging markets, Brazil being the largest with 23% of its sales.’

http://www.foxbusiness.com/story/markets/industries/retail/a...

AND
HEADLINE: Money Morning Expert Makes Noise with Market Call

But how great a “market call” really was it, given that the blue-chip index was already on its way down, that American International Group Inc. (AIG) was already in trouble, and that Lehman Brothers Holdings Inc. (LEHMQ) was already bankrupt?

True, it was a good call. But it wasn’t a truly great one. So, no, Roubini was clearly only the runner-up in the “Call the Bear Market Bottom Sweepstakes.”

http://moneymorning.com/2009/04/15/money-morning-market-call...

Selected response from:

Stephanie Ezrol
United States
Local time: 03:49
Grading comment
Selected automatically based on peer agreement.
4 KudoZ points were awarded for this answer



SUMMARY OF ALL EXPLANATIONS PROVIDED
4 +4good predictions
Stephanie Ezrol
3 +3good decisions
Mikhail Kropotov
3not false
Gary D


  

Answers


3 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +3
good decisions


Explanation:
i.e. the good decisions I made based on my brokers' advice

Mikhail Kropotov
Germany
Local time: 09:49
Native speaker of: Russian

Peer comments on this answer (and responses from the answerer)
agree  Jenni Lukac (X): "calls" based on the right to buy a stock at a certain price - a matter of knowing when to buy...
4 mins
agree  Jack Doughty
20 mins
agree  Joyce A
4 hrs
Login to enter a peer comment (or grade)

1 hr   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +4
good predictions


Explanation:
A good call refers to a good a good prediction of a profit on an investment. The call is rooted in the idea expressed as, did you call it right? Did you correctly predict how this investment would move? So it is that sense a good prediction on how to bet.

Here's some examples:

HEADLINE. Avon Stock May Be a Good Call Due to China Growth
As China helps lead the global recovery, the Avon Lady is there making sure the country is ready for its close-up.

Avon Company (AVP: 32.7, -1.04, -3.08%), says Jill Evans, co-portfolio manager of the Alpine Dynamic Dividend
Fund, has a huge stake in emerging markets. “It is very well positioned in this rebounding global consumer economy,” says Evans. “60% of its sales are in emerging markets, Brazil being the largest with 23% of its sales.’

http://www.foxbusiness.com/story/markets/industries/retail/a...

AND
HEADLINE: Money Morning Expert Makes Noise with Market Call

But how great a “market call” really was it, given that the blue-chip index was already on its way down, that American International Group Inc. (AIG) was already in trouble, and that Lehman Brothers Holdings Inc. (LEHMQ) was already bankrupt?

True, it was a good call. But it wasn’t a truly great one. So, no, Roubini was clearly only the runner-up in the “Call the Bear Market Bottom Sweepstakes.”

http://moneymorning.com/2009/04/15/money-morning-market-call...



Stephanie Ezrol
United States
Local time: 03:49
Native speaker of: English
PRO pts in category: 4
Grading comment
Selected automatically based on peer agreement.

Peer comments on this answer (and responses from the answerer)
agree  John Detre
5 hrs
  -> Thanks
agree  B D Finch
11 hrs
  -> Thanks
agree  Anna Herbst
11 hrs
  -> Thanks
agree  juvera
12 hrs
  -> Thanks
Login to enter a peer comment (or grade)

5 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
not false


Explanation:
my good calls.
my good calls the ones which I made which were not false calls, and were taken up by me from brokers. A lot of brokers make a call on stock, the guy on the floor has to make a decision, and look at the board check the price and make a good call which is accepted and does not turn out to be a false call or bad call.

Gary D
Local time: 17:49
Native speaker of: Native in EnglishEnglish
PRO pts in category: 4
Login to enter a peer comment (or grade)



Login or register (free and only takes a few minutes) to participate in this question.

You will also have access to many other tools and opportunities designed for those who have language-related jobs (or are passionate about them). Participation is free and the site has a strict confidentiality policy.

Return to KudoZ list

KudoZ™ translation help

The KudoZ network provides a framework for translators and others to assist each other with translations or explanations of terms and short phrases.

See also:
ProZ.com term search
Search millions of term translations
Close search
Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search