2min chapter

Many Happy Returns cover image

Mean Reversion in Markets: What Goes Up Must Come Down?

Many Happy Returns

CHAPTER

Skepticism Towards Mean Reversion in Tech Industries

This chapter examines the doubts surrounding mean reversion in the tech industry, discussing the difficulties large companies encounter in sustaining profitability amid competition. It contrasts optimistic perceptions of US tech firms with a more cautious investment strategy, while also questioning the efficacy of technical indicators in trading.

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