The Lindy affect applies to survival as much as it does to upside. If a business has been the same way for 30 years, it's much more likely to survive another 30

The Lindy affect applies to survival as much as it does to upside. If a business has been the same way for 30 years, it's much more likely to survive another 30 than a new company, but those 30 years will likely be similar to the first. Not all parts of the economy have such a fast up and down curve, so the 30-year business might be an appealing investment or not. Huge delta might be for some investors, but Lindy effect durability is very desirable to others.