Reviewing recent developments in INMB and LCFY

The past two weeks have been marked by a very big loser and another dramatic winner. I find both outcomes very dissatisfying on an intellectual level though. One of the issues in investing that really bothers me is the dichotomy between “right for the wrong reasons” and “right for the right reasons” or on the flip side “wrong for the wrong reasons” and “wrong for the wrong reasons”. But let’s first review what happened.