Aug. 19 at 4:39 PM
The market is a long march. Beta is the terrain every stock crosses alike, tailwind at the back or mud at the boots, rain or shell fire, spent or strong. But the stock that only marches with the column never wins the battle, it only survives it.
$SGHC has marched long enough in step with others; now it must break formation, take the hill on its own legs, and let its alpha be the victory the whole march was for in the first place. A stock that will not find its own cadence is not marching , it is merely being carried. And a stock that must be carried is hardly a stock at all.
Change step…left, left, left, right, left!
