Path Dependency: When Getting from Point A to Point B Isn't Always a Straight Line

Apr 02, 2026

In investing, we're often fixated on outcomes, where a stock starts and where it ends up. But how a stock gets from one price to another can matter just as much as the destination itself. In this latest episode of the Wide World of Options podcast, host Mark Benzaquen welcomes guest Jay Soloff of Investor’s Alley to discuss Path Dependency and how it can shape risk, investor behavior, and real-world returns in ways that a simple beginning and ending price can never fully capture.