3 ms·
People keep using the word "never" and "always" to describe periods of time that are relatively short. We wouldn't say "never" with a sample size of 5 in any o
by themagician 12y ago
People keep using the word "never" and "always" to describe periods of time that are relatively short.
We wouldn't say "never" with a sample size of 5 in any other scenario, but with finance we seem to look at small samples and confidently say things like always and never.
How does this make any sense?
- mahyarm 12y agoI qualified my use of never with a specific time span. Within that period of time you never see X. Any other word I could think of would just be more complicated and thus harder to read. And my timespan was 31 years. That is after several booms and busts. If the pattern holds for even a decade +, that is a pretty significant part of my life span and something I have to consider. Also on a more personal note, my father was basically forced out of Vancouver due to not buying a house when he had the chance 10 years ago, so it's a very real possibility that I might be forced out too here. So the reason why people use 'small' samples is because those timespans are not small for a human being!