Will The New York Times Company survive as a stand-alone firm past 2015? That's unknowable, of course. A lot can happen between now and then. But extrapolating from current trends can give us an idea of where things are going. That's what Ironfire Capital's Eric Jackson does for Forbes, arguing that trendlines suggest that the "basket-case" of a company...
Extrapolating trends is exciting but misleading. Manias, bubbles and "momentum investing" all rely on observing a trend and extrapolating it into the future. This is how we get "housing never goes down" and other trends which eventu... Read Post
Submitted by Charles Hugh Smith from Of Two Minds Beware Of Extrapolating Trends Extrapolating trends is exciting but misleading.Manias, bubbles and "momentum investing" all rely on observing a trend and extrapolating it into the fu... Read Post