Does the past always repeat itself? I guess if the exact same steps are taken and the same information is used to make decisions, then it probably does to some extent. But there are many outside influences that can’t be controlled and can affect the outcome in a way you weren’t expecting.
Trying to figure out what is going to happen today by using what happened yesterday seems like a reasonable thing to do. But is it really? If it was as easy as analyzing results from the past, then it should be easy to predict what will happen in the future.
But it isn’t. It never is. If it was, then sports betting and playing the stock market and investing in real estate would all be 100% guaranteed money-makers.
Continue reading “How Much Does History Matter?”