Diligence in Investment Analysis

Easy Cfa Institute Code And Standards Investment Analysis - Diligence

As an investment analyst, you are responsible for conducting thorough research before making investment recommendations. It is essential to adhere to the CFA Institute Code of Ethics and Standards of Professional Conduct, particularly with respect to diligence in investment analysis.

Which of the following actions demonstrates a proper exercise of diligence according to the CFA Institute Code and Standards?

Relying solely on financial news articles to make investment decisions.

Consulting multiple reliable sources, including primary research and financial statements, before forming an investment opinion.

Following the investment decisions of a well-known analyst without additional research.

Hint

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