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shnock | 9 months ago

They are not, that is expectation of future performance based upon past. Reality is too complex and dynamic for that.

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NoPicklez|9 months ago

Reality is complex and dynamic, and through all of that Harvard's endurance pre-dates the US, therefore I would expect it to endure a 4 year term of Government. Not to say with a 100% certainty, but I would expect it to with a greater degree of confidence than many other things, based on its history.

However I wouldn't extend that line of thinking to stock markets, superannuation etc.