I think everything obviously comes from experience of some kind. It's more about if you closely adhere to that experience or if you extrapolate from it.
Thanks to the circus between my ears, I can seize upon the smallest disquieting observation and from it extrapolate a terror of cataclysmic proportions.
It's human nature to extrapolate the recent past into the future, but it's terrible that managements go along with this.
We can extrapolate from the study that for the long term individual investor who maintains a consistent asset allocation and leans toward index funds, asset allocation determines about 100% of performance.
It's stupid the way people extrapolate the past -- and not slightly stupid, but massively stupid.
My hope is that I will take the good from my experiences and extrapolate them further into areas with which I am unfamiliar. I simply do not know exactly what that difference will be in my judging. But I accept there will be some based on my gender and my Latina heritage.
