"These data points made me think about an important piece of advice that a well respected hedge fund manager once told me — most of your financial returns will come from the markets you select to invest in, rather than the actual securities you decide to hold. Another way to think about it is through … Continue reading Over the Long Term: Good Market > Good Team
Tag: life expectancy
The Lindy Effect
"The Lindy effect is a theory that the future life expectancy of some non-perishable things like a technology or an idea is proportional to their current age, so that every additional period of survival implies a longer remaining life expectancy.[1] Where the Lindy effect applies, mortality rate decreases with time.-Wikipedia contributors, "Lindy effect," Wikipedia, The … Continue reading The Lindy Effect
cafebedouin.org 