Two perspectives on the responsibility in financial losses

Perspective 1: Take full responsibility of your investment action I used to have only one perspective on the responsibility in financial losses. That perspective is that everyone, including me, must assume 100% responsibility when we make losses from buying or selling any investment products. When I buy a stock, whether it's on the recommendation of … Continue reading Two perspectives on the responsibility in financial losses

Market overreaction from Amazon buying Whole Foods

The news of Amazon buying Whole Foods is nearly two months old. The deal is valued at $13.7bn, representing a 27% premium to Whole Food's closing price. When the news was announced, the stocks of traditional grocery stores were clobbered. Walmart tumbled 5%, Target -5%, Kroger -9%, Dollar Tree nearly -4%, Dollar General -3%. Roughly … Continue reading Market overreaction from Amazon buying Whole Foods