RE:RE:Weekly Report Card "The simplest way I can put it is it’s giving the customer what they ask for, not what you want to give them…even when they don’t know quite how to ask for what they mean."
This quote says it all, to add to it I would say sometimes the customers don't even know what they want to get motivated for instance although off topics if one build a house and has a sizeable back yard adding a low cost barbecue station or a stationary Gazebo can do magic to the potential buyer as everyone love their home and outdoor activities within their home.
That's why a salesman has to be one step ahead of their customers.
Wino115 wrote:
I, like SPCEO, am a fundamental investor -I think the value of that stock certificate should be highly related to the forward looking financial returns the assets it represents make in a probabilistic and discounted way taking into account all the risks and opportunities. I think many of you on this board are. We are frustrated because the fundamentals for THTX are very good, making low investments in assets with potentially spectacular returns even with huge discounts rates for the risk. But the issues we've all identified contribute to it being ignored and maybe, or maybe not, fairly reflecting the assets and permutations of return patterns on those assets. Scarlet, in particular, has identified the fact this is a different market with different investor valuing companies at the margin.
I found this quick read that offers up an analogy to explain why fundamentals mean less. It's a hard nut to crack but in biotech, we at least have highly meaningful mileposts that history shows really injects the fundamental picture immediately. These will do the trick if positive. The signs so far are good. Hopefully we can learn something next week to help this equation along.
https://www.iansbnr.com/how-moneyball-ruined-baseball/