Finance does not seem to me to produce clean examples because there is such a strong incentive to talk one’s book. People who owned the company and immediately believed the report had a strong incentive to condemn the report so that they could sell first. (this is illegal, but it’s easy to maintain plausible deniability)
That does not address the title of the post, still being judged mad after being proven right, but I don’t see that discussed in Hempton’s post, let alone JG’s excerpts, just flatly asserted.
Finance does not seem to me to produce clean examples because there is such a strong incentive to talk one’s book. People who owned the company and immediately believed the report had a strong incentive to condemn the report so that they could sell first. (this is illegal, but it’s easy to maintain plausible deniability)
That does not address the title of the post, still being judged mad after being proven right, but I don’t see that discussed in Hempton’s post, let alone JG’s excerpts, just flatly asserted.
I agree. It’s just asserted, but the idea struck me.
I definitely expect JH to talk his book.