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These things are not mutually exclusive given large enough time scale. In fact, they are correlative. Thus, the conclusion to be drawn from this is that most i
by pcmaffey 11y ago
These things are not mutually exclusive given large enough time scale. In fact, they are correlative.
Thus, the conclusion to be drawn from this is that most investors are bad at what they do. Even if that fault is only a short-sightedness.
- cubano 11y agoA big problem with this mindset, I believe, is the unintended-consequence issue. No one really knows how things are going to eventually turn out. History is utterly littered with the debris of feel-good movements and ideas that, once implemented, turned out to have negative outcomes unforeseen by the original instigators.