Goldman Sachs CEO on anchoring
$GS CEO: "it takes a period of time for people to adjust...if somebody had a stock that was trading at $100 & stock goes down by 30%, certainly, for the next couple of quarters, they're still thinking about $100...People are softening their view of 2023..a little bit more dovish"

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Jensen Butler's avatar
I can certainly relate to anchoring in this case. Thinking about peloton trading $170s is laughable now, 85-90% later šŸ˜„
Buying Your Time's avatar
Game stop to the moon, oh wait, damn!
Brett Schafer's avatar
The only thing that stays the same is human nature



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