Exceptionalism

I hope everyone is enjoying an exceptionally terrific holiday season and wish for a wonderful new year just chock-full of even more exceptionalism in 2019.  Unfortunately for many this year, Santa’s generally exceptional rally in the financial world has turned into an exceptionally rich vein of coal in our stockings. Maybe H.C. Frick substituted for Santa this year. If that’s the case lets hope this damn holds!  This unexceptional performance comes as no true surprise if we subscribe to the to the rule that past performance never dictates future results and this is why at The Trash Can University we always look forward and attempt to discern what may likely happen.  However without access to a crystal ball, no one is ever sure what the future has in store.  That’s what makes a market.

The same holds true for most other areas of life, whether it be regarding; health, finances, sports, or any other facet where past performance may be exceptional but never guarantees future results.  This is a sort of principle, or a rule.  The only thing that guarantees exceptional future results is exceptional performance in real-time and not in VR.  At The Trash Can University we are no exception.  As we look back at 2018 on our many achievements and set backs, one thing stands out very clearly: What a weird and completely unpredictable year it turned out to be.  For example who would have believed that TTCU would discontinue our golf program during the 2018 season?  Gee, what a surprise for coach Fuzzy Zellman.  Good luck hack!

Now H. Rod maintains that one who ignores history is doomed to repeat it, whatever that means. I suppose the truth lay somewhere in the middle.  One thing is for sure, not a soul on Earth can say definitively what 2019 has in store for anyone or anything.  Dr. Fine of the Dewey, Cheatum & Howe School of Business says that at the end of a functional management cycle there is control, evaluation then adjustment or corrective action and the cycle starts anew.  So with this in mind I would suggest that these rules are transferable and cross into other realms, that’s what makes them principles.  This is why at TTCU we believe that the only way to measure exceptionalism is in retrospect, because otherwise you risk hubris, and nobody wants that.

So we hope that next year we all look back on an exceptional 2019.  That goes especially for the ping-pong team.  Coach Chip Netty needs the job.

Dr. Cromwell