Just Two More Quarters – Scientifically Proven

from the so-they-say dept

It’s been nearly two years since we first noticed the “just two more quarters” phenomenon. That’s the trend for analysts to confidently predict that the market would recover in “just two more quarters”. It is, as we originally pointed out, the perfect ass-covering position. People want to hear good news and so they’re happy to hear an optimistic upswing prediction. Two quarters is close enough to keep people happy. It’s also just long enough that people don’t remember who predicted what when those two quarters pass and nothing actually comes of it. The latest to predict “just two more quarters” is the CEO of National Semiconductor, who says he came up with the prediction scientifically, by asking a professor to run some mathematical models of former boom and bust cycles. Why can’t people face up to the fact that there’s no real way to predict the end of the downturn. One of these days, it will end, and things will pick up again, but trying to interpret the tea leaves is a waste of time.

Rate this comment as insightful
Rate this comment as funny
You have rated this comment as insightful
You have rated this comment as funny
Flag this comment as abusive/trolling/spam
You have flagged this comment
The first word has already been claimed
The last word has already been claimed
Insightful Lightbulb icon Funny Laughing icon Abusive/trolling/spam Flag icon Insightful badge Lightbulb icon Funny badge Laughing icon Comments icon

Comments on “Just Two More Quarters – Scientifically Proven”

Subscribe: RSS Leave a comment
1 Comment

Add Your Comment

Your email address will not be published. Required fields are marked *

Have a Techdirt Account? Sign in now. Want one? Register here

Comment Options:

Make this the or (get credits or sign in to see balance) what's this?

What's this?

Techdirt community members with Techdirt Credits can spotlight a comment as either the "First Word" or "Last Word" on a particular comment thread. Credits can be purchased at the Techdirt Insider Shop »

Follow Techdirt

Techdirt Daily Newsletter

Techdirt Deals
Techdirt Insider Discord
The latest chatter on the Techdirt Insider Discord channel...