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home / news releases / STMP - Stamps.com: My Lessons In Sunken Cost Bias


STMP - Stamps.com: My Lessons In Sunken Cost Bias

Sunk Cost Fallacy

When I first started to investigate Stamps.com (STMP), I was enthralled. There were many attributes which made this deep value investor want to invest in the stock.

Right off the bat, the obvious one: that its share price had fallen by more than 60% in the past 6 months. Given that my investment style is to buy cheap companies when in trouble, I thought this surely would fit this meaningful criterion. Furthermore, as Warren Buffett reminded us during his recent endeavor with Kraft Heinz (KHC), buying a cheap

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Stock Information

Company Name: Stamps.com Inc.
Stock Symbol: STMP
Market: NASDAQ
Website: stamps.com

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