Take a random person. Your banker, your taxi driver, your mother in law … It really doesn’t matter who. Then tell them…

Look at these 2 companies… They are very cheap at ~10x earnings… Show them the chart of SK Hynix, and of Adobe…

100% certain, they will accept Adobe being cheap, much more than Hynix. That’s human bias… And that’s why momentum works. Not because winners keep winning, but rather because we need time to digest, to release our anchors and accept how BIG a win is… We need time to price in old information because it was such a big change in reality…

Mark knows this, and he uses it to his advantage. He has a process and an edge. It’s very different from my process, but I will always respect having a clear approach, over many other talking heads on CNBC just saying random stuff to drive people to trade more…