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I’m financially illiterate, ignorant, and as a result my net worth is not significant, but I was excited to actually know this answer. Maybe there’s hope for me
by john_yaya 5y ago
I’m financially illiterate, ignorant, and as a result my net worth is not significant, but I was excited to actually know this answer. Maybe there’s hope for me!
- spyder 5y ago"Earnings surprises can have a huge impact on a company's stock price. Several studies suggest that positive earnings surprises not only lead to an immediate hike in a stock's price, but also to a gradual increase over time. " https://www.investopedia.com/terms/e/earningssurprise.asp https://www.investopedia.com/terms/e/earningssurprise.asp
- DavidPeiffer 5y agoIf this stuff is something you want to learn a bit more about, Matt Levine at Bloomberg has a great newsletter called Money Stuff which I highly recommend. Despite an expert level of understanding, he breaks things down in a relatively easy to understand say. He worked at Goldman as an attorney before becoming a writer. He goes through a few topics per day, writing about weird things happening in the market. Mergers and acquisitions and the hiccups along the way, market incentives that lead to odd and unintended outcomes, and probably his favorite topic, insider trading. https://www.bloomberg.com/opinion/authors/ARbTQlRLRjE/matthew-s-levine https://www.bloomberg.com/opinion/authors/ARbTQlRLRjE/matthe...
- john_yaya 5y agoThanks! I’ll do exactly that.