One of the greatest investors of all time, Peter Lynch, famously said “If you spend more than 13 minutes analyzing economic and market forecasts, you’ve wasted 10 minutes.” If you spend even a second thinking about dot plots, that’s a second you can never have back. There’s literally nothing stupider you could be paying attention…

This obsession with recency and forgetfulness of longer term results is the opportunity for patient investors to pick up.

MKM Partners cut their rating on Twitter due to lack of catalyst.

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