Misreading the Signals: Bullwhips, Dead Cats and Sucker Rallies
“The greatest enemy of knowledge is not ignorance; it is the illusion of knowledge.” — Stephen Hawking. TLDR: The “bullwhip effect” and the “dead cat bounce” are supply chain management and finance concepts, respectively. They both show how misreading signals and making quick judgments can lead to costly errors. These concepts remind us of the importance of correct […]
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