Bala writes about how greed and FOMO can lead one astray in the stock markets. Also a lot of other insights on the impact of sector rotation, industry cycles and structural fundamental changes that fool investors. Like always, people who catch the trend early make money at the expense of others who get stuck in price and time corrections. The more things change, the more they remain the same.
Asia’s Best Performing Stock Surged 8,811% in Three Years (Bloomberg Markets)
Apple: The Greatest Cash Machine in History? (Aswath Damodaran)
The Industry Cluster of Baddi Himachal (Outlook Money)
Old Piece from the creator of the CAPE ratio: Markets have become more prone to bubbles
Old Piece: The Great Divide over Market Efficiency