David Sterman has worked as an investment analyst for nearly two decades. He started his Wall Street career in equity research at Smith Barney, culminating in a position as Senior Analyst covering European banks. While at Smith Barney, he learned of all the tricks used by Wall Street to steer the best advice to their top clients and their own trading desk.
David has also served as Managing Editor at TheStreet.com and Director of Research at Individual Investor. In addition, David worked as Director of Research for Jesup & Lamont Securities. David has made numerous media appearances over the years, primarily on CNBC and Bloomberg TV, and has a master's degree in management from Georgia Tech.
David Stermanon
Analyst Articles
We’re in the final stretch of 2011, and I say good riddance! The market has been so volatile, I’ve exhausted my supply of Pepto Bismol. This up-and-down nature of the market is really evident when you examine… Read More
As a kid, I was scared to death of roller coasters. I never went on them. But in the summer of 1977, peer pressure changed that. The last day of summer camp featured a trip to Six Flags Over Georgia. After riding just about every ride in the park, my… Read More
Forget what you’ve heard, the market is not rational. Major news events should have a major impact on stocks that are affected. But investors get so caught up in the rest of the market noise that they can miss these momentum-shifting events. Case in… Read More
As an investor, I get unsolicited “get-rich-quick” investment advertisements. Lately, I’ve been swamped with them, which makes me worry. The economy is still struggling to find solid ground. The holidays are coming. And these two facts alone make investors more… Read More
I’ve been looking at stocks since I was in high school, back in the late 1970s. I eventually chose to turn my fascination with investments into a career. I figured stocks represented the single-best path to wealth creation, thanks to one simple statistic: If you hold an investment for an… Read More
I’m not sure I remember exactly how I felt in February, but like most investors I was interested in what the New Year would bring. I suppose there’s a certain amount of optimism that goes with that. The S&P 500 had just finished two pretty good years,… Read More
When the market falls out of bed, no stock is safe. Investors disregard any potential growth prospects and ignore all financial statements, indiscriminately dumping every kind of stock. This has surely been the case during the… Read More
Some of the most successful investors have developed very effective investing tricks that help them appear to magically master the market. In fact, these tricks beat the system so easily that it almost seems illegal. But they aren’t breaking the… Read More
When the developed world sneezes, emerging economies catch a cold. This fear explains why investors are quick to shed their emerging-market holdings when the U.S. and European indexes hit rough waters. But it may be time for a new set of rules for investors to follow. Many… Read More
Famous hedge-fund manager David Einhorn recently did something I find a bit curious. According to the recent third-quarter filing for his firm, Greenlight Capital Inc., he completely liquidated his position in a big-name company that, despite recent troubles, is still a superpower in its industry. Einhorn established… Read More
