The World Cup once again shows me how unnecessary commentators and analysts are. Team A is leading: “Yeah, they were the better team, capitalized on their chances better, blah blah.” If it were exactly the same game, but Team B were leading, the analysis would be completely different. The same applies to stocks analyzed after the movement has occurred. Stock A rises sharply: “It’s a fantastic company, and the CEO is an industry expert with decades of experience, blah blah.” But if Stock A were to plummet sharply—even though the above statement is true—the assessment would be completely different. = Unnecessary
Wedekind ResearchShare
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