Regression to the Mean
The Little Book of Commonsense Investing. Jack Bogle’s book, often described as a ‘classic’ is not the most readable of books. Even on Audible at 1.5 speed I found myself drifting off as he tends to say the same thing again and again. But what I did find interesting was his harping on ‘regression to […]
Reversion to the Mean
Reversion to the Mean. I was reading ‘The Little Book of Commonsense Investing’ and it was espousing ‘reversion to the mean’ – in other words, over time stocks will ‘revert’ to their trend. So, if the stock has been going up and then starts to go down, don’t worry, it will eventually return to its […]
