underscored — Underscored

@underscored

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Tag:market-psychologyClear

stratechery.com

Wall Street loved Google's earnings, and hated Meta's, even though the latter's core business was more impressive.
— Ben Thompson

1w ago

notboring.co

Scarce Assets

Humans fucking love scarce things. Always have. The more we win from abundance, the more we want to roll the winnings into scarce things. Scarce is special. If we are entering a period of untold abundance, expect a roaring bull market in Scarce Assets.

1w ago

The best time to buy is when there's blood in the streets. The best time to sell is when there's irrational exuberance. Most people do the opposite.

2w ago

The great investors buy when others are fearful, and sell when others are greedy. But the converse is also true—they tend to avoid buying when others are greedy, even if the business is good. Temperament matters more than IQ.

1mo ago

The size of the opportunity is inversely proportional to how many people think it's an opportunity. If everyone believes something is a great opportunity, then by the time you get there, it's probably not.

1mo ago

ftav

Oil markets are not prediction markets

Price volatility is a measure of how difficult it is at any given moment to suppress the knowledge that no one knows anything.

2mo ago

Underscored — save the words that stop you in your tracks.

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