Yes....it is like boiling frog syndrome type correction...i mean the correction happening in the stocks are so small ans staggered form of price wise corrections and in prolonged time frame that it becomes very difficult for our brain to understand and accept the long term bear phase type correction happening in the pharma sector...we humans cannot understand small small changes happening in our environment and usually we ignored such type of small changes..our human brain does not have the capability and ability to read such small changes and is is because of the bias we have to adapt to all types of small changes which are happening continously around us in our environment...and because of the above bias we have we general ignore stock prices going down because of slow type correction happening and also prices going down very slowly that we hardly come to know that our stock is going downwards and in bear phase....
No comments:
Post a Comment