fundamentals and expectations
1 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement May 13, 2019 by Michael Mauboussin · across every show →
Everything said about fundamentals and expectations, oldest first
May 13, 2019
Mauboussin: Investing's Biggest Error Is Confusing Fundamentals with Expectations
“The biggest mistake in the investment business is a failure to distinguish between between fundamentals and expectations, which is to say, when fundamentals are good, we all want to buy. Welcome to the human race, right? And when fundamentals are bad, you want…”