A common investor tendency and a major mistake is the penchant for projecting the current situation to persist into the future ad infinitum. (themaven.net)
Furthermore, in the studies Malkiel has conducted, good past performance does not persist into the future. (barelkarsan.com)
If the pattern of millennial - scale variability that we documented through the Holocene persists into the future, New England storminess would continue to increase for the next ~ 900 years. (dotearth.blogs.nytimes.com)