Portis 26
Madden Freak
Economists talk about the dangers of stock markets reacting with over-exuberance. Essentially, that the markets over-respond to small pieces of information and stock rises and falls excessively compared to its real value.
We saw this in fantasy terms recently with the stock of Holt, Portis and Moss.
These are all fantastic players who have put up historically very high numbers.
Yet their stock fell too much because of the over-exuberance of the market, ie the Shark Pool.
The smart owner should not over-respond to information.
Thoughts?
We saw this in fantasy terms recently with the stock of Holt, Portis and Moss.
These are all fantastic players who have put up historically very high numbers.
Yet their stock fell too much because of the over-exuberance of the market, ie the Shark Pool.
The smart owner should not over-respond to information.
Thoughts?