Stock Pickers Beware: Public Opinion Sets Stock Prices in the Short Term

Paul shares a comical interchange between a well-known stock picker on CNBC and his co-host after a stock he recommended has a great earnings report and goes down in value. Paul explains why public opinion, not good earnings, sets stock prices in the short term. Later in the episode, Paul talks about how companies that are making products that don’t last and that are using subscription models are putting pressure on the average consumer. 

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