Novo Nordisk Has Probably Declined Enough

It is always easy to say "I told you so" because in hindsight we almost always know better. This is so common it even has a name - the hindsight bias, which describes how people tend to edit their memories to look better orMy analysis is focused on high-quality companies, that can outperform the market over the long-run due to a competitive advantage (economic moat) and high levels of defensibility. Focused on European and North American companies, but without constraints regarding market capitalization (fr ...