The writer is professor emeritus at Kellogg School of Management and co-author of recently-updated Expectations Investing
The author of this article is an emeritus professor at Kellogg School of Management, and he recently co-authored a new book “Expectations Investing” (Expectations Investing)
A stock price contains a treasure trove of information about the market’s expectations of a company’s future performance. Investors who properly read market expectations and anticipate revisions increase their odds of achieving above-average returns.
The stock price contains valuable information about the market’s expectations of the company’s future performance. Investors who correctly interpret market expectations and expected revisions have a higher chance of achieving above-average returns.