this is what Marcus Padley is telling subscribers and he usually gets it right.get that ....
- "We are doing the right thing.I think we just forget lithium - it's in terminal decline.Takes people a long long time to give it away after a bubble. One of the best Post-It Notes this year would have been "Forget Lithium". Short term bounce aside, this sector needs a material background change to buy into it. Best we leave stage left."
"terminal decline"
and
"Takes people a long long time to give it away after a bubble."
"takes people a long time to give it away" .... does anyone know what category of cognitive bias that would come under?
anchoring?
confirmation bias?
......?
Good News & Bad News, page-43881
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