The world is addicted to exponential curves, and yet everywhere we look, we see logistic curves in a finite world. Unfortunately, it is quite profitable to con

The world is addicted to exponential curves, and yet everywhere we look, we see logistic curves in a finite world. Unfortunately, it is quite profitable to con people into thinking that the latter is really the former. Our whole financial system is built on this fraud, from the VCs on down. Microsoft ran up the logistic curve, stalled out and, sure, made some bad decisions. Apple made some bad decisions, went way down the logistic curve, and now is climbing back up it. That isn't to say there aren't lessons to be learned by looking at the two companies. It is to say that one of the premises of the article, that there is some exponential growth curve that all companies need to stay on, is flawed. I would expect no less from one of the chief financial ponzi rah-rah mags, though.