In Mohnish Pabrai's latest interview, he discusses the specific peculiarity of auction-driven stock markets, pointing out that the get depressed at times and euphoric at times.

In this video we explore the lollapalooza effect that is the stock market.

Pabrai interview here:    • Mohnish Pabrai on Investing in Stocks...  

LinkedIn article about what really happens at auctions: https://www.linkedin.com/pulse/what-r...