What I find particularly interesting is the discussion of fractals which is a topic we discuss at The Chart Seminar. You can observe exactly the same interplay of crowd psychology and supply and demand in very short-term charts as long-term charts. Of course, we see these trends play out in slow motion on long-term charts but that does not challenge the fractal view.
His additional comments on the size of systems and how they scale to certain sizes before slowing down have particular relevance for companies seeking to continue to grow at exponential rates. Companies like Google. Facebook and Amazon seem to understand this which is why they are willing to make large leaps towards backing completely alternative business strategies because they know the risk of disruption is very real.
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