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One of the easiest investing mistakes to make is assuming yesterday’s winners will also be tomorrow’s.
According to legendary investor Louis Navellier, that instinct – what psychologists call “recency bias” – causes investors to chase stocks long after much of the easy money has already been made.
In today’s essay, Louis explains why he believes the better approach is to look beyond recent price action and instead focus on where institutional money is quietly moving next. As part of this, he shares a real-world example of his Precursor Intelligence system spotting trouble in one popular AI stock while identifying opportunity in another that most investors were overlooking.
Louis also expands on these ideas in a new presentation, where he explains why July 23 could be an important date for the market, and reveals several stocks his system is tracking today. You can watch it right here.
