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Lindy Effect – 12/8
By FinancialVeracity  •  August 12, 2021
The Lindy effect (also known as Lindy’s Law) is a theorized phenomenon by which the future life expectancy of some non-perishable things, like a technology or an idea, is proportional to their current age. … The Lindy effect applies to “non-perishable” items, those that do not have an “unavoidable expiration date”. – Wikipedia. “Lindy” have often been used as a characteristic of bitcoin by VCs and institution traders, its standing duration since the start till now. The summarised/simplified version of this effect: the longer (duration) an asset exist, the higher its expected value and probability to continue living on. Funny how we often overlook such simplicity of an “effect”, when making our investment choices. We often overcloud our decision with sporadic noise from twitter, people around us and youtube. I’ve got to admit, im fallible as fck for this (as you see in the next few posts that comes after this)....
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By FinancialVeracity
24 and on a constant lookout to improve my financial literacy in order to achieve “Financial Independence”. The sole purpose of writing this blog is to give whatever little financial knowledge I have to everyone.
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