jimbocoin on Nostr: I appreciate your comment. However I’m sticking with my take here. 🤝 Instead of ...
I appreciate your comment. However I’m sticking with my take here. 🤝
Instead of “past performance…” one could just as easily say “the future is uncertain”. Which, of course, it is. But no one ever needs to say so because the uncertainty of future events is omnipresent.
When I encounter the “past performance…” argument, it tends to be from nocoiners doubling-down after already being wrong for so many years. What they’re saying, in effect, is “my thinking was wrong before but future events may prove me right, and since this possibility exists, I don’t need to reevaluate my position”.
It’s a side-long admission, but without engaging in any course correction. They use “past performance…” as a shield to protect themselves from having to rethink.
Instead of “past performance…” one could just as easily say “the future is uncertain”. Which, of course, it is. But no one ever needs to say so because the uncertainty of future events is omnipresent.
When I encounter the “past performance…” argument, it tends to be from nocoiners doubling-down after already being wrong for so many years. What they’re saying, in effect, is “my thinking was wrong before but future events may prove me right, and since this possibility exists, I don’t need to reevaluate my position”.
It’s a side-long admission, but without engaging in any course correction. They use “past performance…” as a shield to protect themselves from having to rethink.