Not exact matches
@Justin, Actually the research bears out the fact that in most cases, fund returns
revert to the
mean and winning funds
usually underperform the next year.
High margin, high growth companies
usually mean revert due
to: (1) new entrants and future competition; (2) new, disruptive business models; and / or (3) new technologies that make a company's product obsolete.
Often, cardholders must «sign up» for the bonus categories each period (often quarterly) and there's
usually a spending cap,
meaning cardholders will earn the bonus cash back up
to a particular spending threshold ($ 1,500 is a pretty typical spending cap) and then rewards will
revert to the non-bonus level (
usually 1 percent).