No worries. It was not obvious. But I looked up the tweet and that seems to be his clear intent. I stayed clear of all the other companies he measured as “like” NWBO. Even if it fails, which I ultimately don’t think is the more likely result, IMHO, I don’t think his equivalence with these other companies is reality based. I don’t believe in his fake theory and I’ve seen it proved wrong multiple times.
It is based on old research and a generally discredited theory on the behavior of markets. It might’ve seemed smart before the financial crisis, but people know that the intelligent market theory is a nice broad market tautological notion, but says very little about more complex assets and assets dependent upon complex processes that are unknowable.
He is not that smart, but he’s a good rhetorician.
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