We invest in a world of inherent uncertainty. Information asymmetry and constant change are unavoidable features of markets.
So, what do you do when you see a stock – perhaps one you own – fall more than 40% in a short space of time? Do you count it as a loss, an expensive lesson, sell and move on? Or just freeze like a rabbit caught in the spotlight, holding what you have, hoping for a price recovery one day? [Read more…]