Jim Osman
@EdgeCGroup
Most investors follow markets. I find value in the change they misprice.
가입 August 2011
11.1K 팔로잉 중 47K 팬
Rates up.
Oil near $100.
10-year Treasury at 5%.
Stocks rally.
And somewhere, an investor is staring at the screen wondering why the market isn’t doing what the news told him it should.
That’s the lesson.
The market doesn’t pay you for knowing the news.
It pays you for understanding what was already priced in.
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