The idle Process

  There are many types of stock trading strategies, including: Value investing: This strategy involves identifying undervalued stocks and holding them for the long term. Value investors look for stocks with low price-earnings ratios, high dividend yields, and strong balance sheets. Momentum investing: This strategy involves buying stocks that have been rising in price and selling those that have been falling. Momentum investors believe that stocks that have been performing well will continue to do so, while those that have been performing poorly will continue to fall. Contrarian investing: This strategy involves buying stocks that are out of favor with the market and selling those that are popular. Contrarian investors believe that market prices often get ahead of themselves and that markets overreact to good and bad news. Technical analysis: This strategy involves using chart patterns, technical indicators, and other technical tools to predict the future price movements of stocks. Tec

Cornwall Capital was founded in 2003 by two young people who were not in the mainstream - Charlie Ledley, and Gammy Mak. I say they were out of the mainstream because they were not financial professionals from a scientific background, but they were full of imagination, and a keen insight into the market. Their insight is evident in the transactions of First Capital Financial. Case Background Before betting that the subprime mortgage market would collapse, Cornwall Capital first noticed a credit card business company, First Capital Financial. Throughout the 1990s and early 2000s, First Capital Financial claimed that it had better tools than other firms for analyzing the creditworthiness of subprime credit card users and pricing the risk of lending to them, and the market bought that claim. But in July 2002, First Capital Financial's stock fell 60% in two days after the company voluntarily disclosed a disagreement between them and two government regulators: How much capital did they