SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Book Nook

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Don Lloyd who wrote (17)3/19/2001 2:47:51 PM
From: Ilaine  Read Replies (2) of 443
 
I think the belief in historical cycles is an artifact of the drive to make the study of mankind into a hard science. To make it work you have to use the Procrustian method - cut off the bits that don't fit.

The better information a business has about future demand for its products, the less likely it is to build up excess capacity or excess inventory. Further, the better a cushion of cash reserves a business has, the better able it is to weather out periods of slack demand.

Speculative bubbles are caused by bad information and buying on margin.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext