The Persistent Myth of Mean Reversion

No, Snapchat might not come back

7:33 pm, Los Angeles, you and me are in that jazz bar, it’s cosy, the music is not too load (because it’s jazz). I’m having a Whisky and you, a Black Russian.

Differently, Still, from BADBADNOTGOOD is played by the musicians in the background.

We start talking about stocks of course, like every Friday, and we come across this business that got your atten…