One project under a certain label bleeds, and everything even loosely associated with it gets sold without thought. No fundamentals. No execution check. Just narrative autopilot.
That’s how solid builders get unfairly punished for the movements of others.
We see this all the time. One project moves, and unrelated projects get boxed simply because they share a loose narrative.
The reality is some projects are far more than the label they’re being tagged with. But once a narrative sticks, most people stop thinking.
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One of the biggest issues in this space
is lazy correlation.
One project under a certain label bleeds, and everything even loosely associated with it gets sold without thought. No fundamentals. No execution check. Just narrative autopilot.
That’s how solid builders get unfairly
punished for the movements of others.
We see this all the time. One project moves, and unrelated projects get boxed simply because they share a loose narrative.
The reality is some projects are far more than the label they’re being tagged with. But once a narrative sticks, most people stop thinking.
That’s where mispricing is created.
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