 Talking Heads Discussion
Feb 24, 2012
Headline: "A Law Apple Would Like to Break"" [""Here is the rub: Apple is so big, it's running up against the law of large numbers. Also known as the golden theorem, with a proof attributed to the 17th century Swiss mathematician Jacob Bernoulli, the law states that a variable will revert to a mean over a large sample of results. In the case of the largest companies, it suggests that high earnings growth and a rapid rise in share price will slow as those companies grow ever larger.""] New York Times
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