
#47 Adam Robinson: Winning at the Great Game (Part 1)
The Knowledge Project with Shane Parrish
The Third Way Prices Change
The third way prices change isa protract period of nothing going on. In other words, a stock just moving sideways for months or years. The weak hands have been shaken out. Everyone who's bored with that stock is gone. And againi just look at the price of bit coin,. which went nowhere for for years, and then all of a sudden it blipped. It went up like, i don't know, from ten to a hundred. Then you had the sleeping giant that that took off from 10 to a hundred to 19 thousand.
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