Postlewait Effect
Pronuciation: \\'Póst-'til-'wāt\\ - /əˈfekt/
Abbreviation: PE
The Postlewait Effect is an economic term for an unexplainable and dramatic shift from financial bliss to utter failure.
A phenomenon that has left multiple professionals flabbergasted at the unprecedented financial shift from growth to falling off of a cliff.
A major component of the Postlewait Effect is building up ones hope thinking that the decision/investment/choice is correct and a great move, before complete devastation.
The double Postlewait although very rare is when a decision/investment/choice is correct and a great move, before crashing but immediately rebounds to give one even greater hope than the first time to just collapse even more dramatically than the initial Postlewait Effect.
Abbreviation: PE
The Postlewait Effect is an economic term for an unexplainable and dramatic shift from financial bliss to utter failure.
A phenomenon that has left multiple professionals flabbergasted at the unprecedented financial shift from growth to falling off of a cliff.
A major component of the Postlewait Effect is building up ones hope thinking that the decision/investment/choice is correct and a great move, before complete devastation.
The double Postlewait although very rare is when a decision/investment/choice is correct and a great move, before crashing but immediately rebounds to give one even greater hope than the first time to just collapse even more dramatically than the initial Postlewait Effect.
I was making a ton of money investing in a Mexican copper mine when all of a sudden the Postlewait Effect took place and the mine magically disappeared and I lost it all.