Saturday, December 14, 2019

Long-term and short-term #longnow

At ValueMachinesFund we say look at developments over 7 years.
Is 10 000 years a long time?
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Ole Peters
Replying to @ansgarjohn and @closedmyeyes2C
It's also important to keep in mind that "long time" is only a meaningful concept when compared to a reference scale. It always means "a time scale long compared to all other relevant time scales in the problem." "Long" can be a millisecond; short can be 10,000 years.

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