I replied in a different thread but breaking it down YoY is deeply dishonest especially when we had a devastating market performance year. It’s also important to remember that stock trading is (mostly) a zero sum game where some cohort of traders having insider information means that everyone else has less potential to make money. It’s one of the reasons why insider trading is so illegal… an information cartel would be highly profitable while accelerating wealth inequality.
I replied in a different thread but breaking it down YoY is deeply dishonest especially when we had a devastating market performance year. It’s also important to remember that stock trading is (mostly) a zero sum game where some cohort of traders having insider information means that everyone else has less potential to make money. It’s one of the reasons why insider trading is so illegal… an information cartel would be highly profitable while accelerating wealth inequality.