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← The pull of fundamentals that used to reverse market momentum has…
11 connected korrents · 10 moments on record from 20 Feb 2024 to 4 Sept 2026.
Everything filed under market efficiency
market efficiency
Everything filed under stock market
stock market
Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject
Read this korrent: The pull of fundamentals that used to reverse market momentum has weakened, so betting on mean reversion is more dangerous than it was.
The pull of fundamentals that used to reverse market momentum has weakened, so betting on mean reversion is more dangerous than it was.
Last stated 5 days ago
2 Sept 2026
AD
Aswath Damodaran — holds since 2026-09-02 — tap for who they are
Same subject: Most active investors are not hunting for information; they are betting on mean reversion in data everyone already has. — tap to centre the map on it
Most active investors are not hunting for information; they are betting on mean reversion in data everyone already has.
Last stated 3 months ago
18 Jun 2026
AD
Aswath Damodaran — holds since 2026-06-18 — tap for who they are
Same subject: At a market price-earnings ratio of twenty-three there is little upside and a long way to fall, where at fifteen there would be much less risk. — tap to centre the map on it
At a market price-earnings ratio of twenty-three there is little upside and a long way to fall, where at fifteen there would be much less risk.
Last stated a year ago
16 Jul 2025
JD
Jamie Dimon — holds since 2025-07-16 — tap for who they are
Same subject: The stock market has become less informationally efficient over the past thirty-plus years, particularly in the relative pricing of common stocks over medium horizons. — tap to centre the map on it
The stock market has become less informationally efficient over the past thirty-plus years, particularly in the relative pricing of common stocks over medium horizons.
Last stated 2 years ago
3 Sept 2024
CA
Cliff Asness — holds since 2024-09-03 — tap for who they are
Same subject: The S&P 500’s price-to-sales ratio no longer signals what it once did, because today’s companies earn higher margins. — tap to centre the map on it
The S&P 500’s price-to-sales ratio no longer signals what it once did, because today’s companies earn higher margins.
Last stated 2 weeks ago
25 Aug 2026
NM
Nick Maggiulli — holds since 2026-08-25 — tap for who they are
Same subject: The froth visible in US markets in 2025 was the 2021 mania returning, and reason enough to take risk off. — tap to centre the map on it
The froth visible in US markets in 2025 was the 2021 mania returning, and reason enough to take risk off.
Last stated 2 weeks ago
25 Aug 2026
NM
Nick Maggiulli — holds since 2025-08-26 — tap for who they are
NM
Nick Maggiulli — no longer holds since 2026-08-25 — tap for who they are
Same subject: Investing well requires reversing the human instinct to grow excited as prices rise and fearful as they fall. — tap to centre the map on it
Investing well requires reversing the human instinct to grow excited as prices rise and fearful as they fall.
Last stated 3 years ago
20 Feb 2024
BA
Bill Ackman — holds since 2024-02-20 — tap for who they are
Same subject: Short selling is inherently treacherous and should almost never be done. — tap to centre the map on it
Short selling is inherently treacherous and should almost never be done.
Last stated 3 years ago
20 Feb 2024
BA
Bill Ackman — holds since 2024-02-20 — tap for who they are
Same subject: Day trading and technical analysis are proven not to work. — tap to centre the map on it
Day trading and technical analysis are proven not to work.
Last stated 3 weeks ago
17 Aug 2026
PL
Pieter Levels — holds since 2026-08-17 — tap for who they are
Same subject: Even the most advanced AI cannot be followed blindly in investing, where value added is zero-sum and what is widely known is therefore worth little. — tap to centre the map on it
Even the most advanced AI cannot be followed blindly in investing, where value added is zero-sum and what is widely known is therefore worth little.
Last stated 3 months ago
10 Jun 2026
RD
Ray Dalio — holds since 2026-06-10 — tap for who they are
Same subject: Technology has made markets less efficient at long horizons rather than more efficient. — tap to centre the map on it
Technology has made markets less efficient at long horizons rather than more efficient.
Last stated 2 years ago
3 Sept 2024
CA
Cliff Asness — holds since 2024-09-03 — tap for who they are
Same subject: The efficient market hypothesis is at best a very lossy heuristic — tap to centre the map on it
The efficient market hypothesis is at best a very lossy heuristic
Last stated 3 days ago
4 Sept 2026
NF
Nat Friedman — holds since 2026-09-04 — tap for who they are
same subject or similar wording a cloud: claims about one subject, named for it bar: when it was last stated, on a scale from 2015 to today — full is today a face: someone on record holding the claim — tap it for who they are faded, dashed ring: they no longer hold it — they changed their mind