Toot

Written by Owen on 2025-01-28 at 17:38

A fun thing to do when the press goes loud on some share price movement is to take the share price chart and zoom it out to the six month or one year horizon.

Nearly universally, the day's Big News, like a 15% day-over-day share price drop, turns into line noise, lost in the overall trend those same securities' prices. That doesn't make those daily variations meaningless, but it does mean that they have very little impact on people who aren't trading on day-over-day volatility.

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