It would be nice to write about a different topic! Once again, we avoid the instinctive “Type 1 – fight or flight”1   response and we choose not to panic. American Public Education, Inc. released its results and conference call transcript prior to market open. We reviewed [...]

Don’t panic! It is understandable to be disappointed, but irrational to act without any analysis. On many occasions, like a few days ago, we fail to make sense of market behaviour. However we do not blindly suggest the market is wrong. Mostly, we accept the vagaries of [...]