Samuel Cashiola

Why I Bought Financials (Despite the Mess)

Is it possible that the current price of financials is an accurate measure of intrinsic value and that we are currently anchored on the prices they exhibited months ago when they were hovering at their highs?

Also, just because a stock has gone up or down 13 or 15 or 27 days in a row doesn't necessarily have anything to do with it's performance tomorrow (they may very well be independent events, see: gambler's fallacy).