Cremieux (@cremieux): "When trendlines abruptly break, it's usually a sign that accounting has changed, not that there was an abrupt shift in reality."

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When trendlines abruptly break, it's usually a sign that accounting has changed, not that there was an abrupt shift in reality.

Miraculous and abysmal trends are few and far between. The default assumption ought to be this: when something looks too good to be true, it is, and what we’re really seeing is an artefactual change

Cremieux

Oct 21

at

3:08 PM

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