Songbird Asset Management: Not Looking For Katy Perry

Not Looking For Katy Perry by Christine Song, Songbird Asset Management

With a last name like Song, I was destined to love the TV singing show, The Voice. Each week, one singer is eliminated based on viewer voting, but not without theatric competition. The show’s producers, in a masterful move, make the two least popular singers compete in a Twitter faceoff. You then have 5 minutes to tweet your pick and the singer with the most tweets moves on. This show is full of anxiety, suspense and drama - much like the stock market. Legendary value investor Benjamin Graham once said, “In the short run, the market is a voting machine, but in the long run, it...