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KOMIXEDIn depth · 4/5

Correlation bias misleads on Coca-Cola price drop

The story argued that the media incorrectly attributed a $4 billion drop in Coca-Cola's market value to Cristiano Ronaldo's snub, when the actual cause was the stock's ex-dividend date.

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NOT INVESTMENT ADVICE · A SUMMARY OF WHAT WAS SAID ON THE PODCAST · VERIFY AGAINST THE SOURCE