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> When at any point as an engineer or a scientist have you observed large exponential growth to be sustainable in any context??? what on _earth_ do you think 6
by sigstoat 5y ago
> When at any point as an engineer or a scientist have you observed large exponential growth to be sustainable in any context???
what on _earth_ do you think 6-7% a year is? that's exponential growth.
> SPY is up 50% since 2019 (pre covid crash). [...] Index funds aren't supposed to be nitro, they are supposed to be slow and plodding, and 10% annual is supposed to be huge. I think major indices should be nice, slow, inertial gains from ~6-7% annual, tops.
you've confused long-term averages with short term behavior.
the market gets its 6-10% annual by going up a lot when it does, to make up for the years where it goes down, or just moves sideways.
- boringg 5y agoHuman population growths, mosquito populations growths. Sustainable for a certain amount of time. You need to time bound your question. Nothing is sustainability on an endless time scales - the stars burn out and collapse on themselves.
- allendoerfer 5y agoThe universe is pretty big. It also has 3 useful dimensions. Earth has basically only two and one very narrow one. I think we can keep going for quite some time.
- ncallaway 5y agoThese last two comments and replies really have a strong The Last Question vibe. https://templatetraining.princeton.edu/sites/training/files/the_last_question_-_issac_asimov.pdf https://templatetraining.princeton.edu/sites/training/files/... Really great short story
- Grustaf 5y ago> > When at any point as an engineer or a scientist have you observed large exponential growth to be sustainable in any context??? > what on _earth_ do you think 6-7% a year is? that's exponential growth. It's not "large" exponential growth, it's inline with the revenue growth of many large companies, so it's sustainable for quite some time.
- SavantIdiot 5y agoI think you assume I don't know what I'm talking about because you are intellectually insecure and didn't bother to read my post, as demonstrated by your man-splaining. Rock on, bruh.