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The industry may also have suffered from its reluctance to recommend selling.
"I wouldn't recommend selling stocks every autumn because of this, forever," he said.
Lazard is expected to recommend selling most of the rest of Hollinger International (including the Telegraph) as a whole for shares rather than in bits for cash.
What to look out for: The publication of a report on Network Rail by HS1 boss Nicola Shaw that could recommend selling off rail lines or big stations.
Richard Griffith at Evolution Securities said: If the shares reach £15 we would recommend selling on the grounds that its far from certain the deal will go through.
More than seven in 10 of those polled say Russia's economy is weakening, and 45% recommend selling Russian assets in light of the conflict in Ukraine Photograph: Bloomberg Global Investors Poll Bloomberg also found that French president Francois Hollande was the most unpopular politician, with just 11% saying they're optimistic about his policies.
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One reform that seems promising is forcing research reports to disclose what percentage of the bank's research reports include "buy" recommendations and what percentage recommend "sell" or "hold".
"We recommended selling Enron very early on," Mr. Boehly says.
Instead, they recommended selling less sophisticated Kidd-class destroyers.
In the United States, Citigroup advises holding ChevronTexaco and recommends selling Exxon Mobil and ConocoPhillips.
This year, the White House Office of Management and Budget recommended selling the public Postal Service to a private, for-profit corporation.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com