Vitaliy's Time Arbitrage

Description:

The short-sightedness of investors creates an embedded incentive for market participants, who control an enormous amount of capital, to favour stocks that are expected to do well in the shorter run. They will sell (or avoid) stocks that may have a great risk/reward profile in the long run, but whose immediate future is ambiguous. This creates an opportunity for time arbitrage for those who can stomach the short-run and have a longer time horizon than several quarters.

href="http://contrarianedge.com">Vitaliy's Contrarian Edge

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