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Carnival CEO Says Company is 'Recession Resilient'

Bloomberg Businessweek

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Is There a Recency Byanc Bias at Play?

A lot of it really boils down to what everybody is fixated on, which his inflation and interestrates. It's funny, if you look at the a mutual fund holdings. They're still, you know, holding on to their a growth stock, a holding. So is certainly a, now, there's kind of some recency byanc bias at play. Perhaps people did so well with these stocks for so many years, um, that it's hard to erase everything you thought about them and go back to value.

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