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Re:Bring Back the 40-hour work week (March 2012) by marvin on Tuesday November 13, 2012 @07:07PM (#4781337)
Why isn't any history prior to 2000 still valid? We've had 10+ year secular bear markets before. I'm not arguing by authority here, but by Taleb's own arguments, it's just as likely that the pre-2000 history is still valid - there is just no way of knowing yet.
Re:Bring Back the 40-hour work week (March 2012) by throwaway1979 on Wednesday November 14, 2012 @09:51AM (#4783536)
My personal thesis is that financial market history prior to 2K isn't valid. The world prior to widespread adoption of the the Internet was a different place. The Y2K cut off is a useful demarkation point ... that's when the tech euphoria went away :) I think this has something to do with the speed of information flow in a post-PC, connected world. That's the short of it anyways.