The Sherling Class in America Should Reduce Its Expectations a Lot

The chances of this 15% per annum progress extrapolated way forward is virtually impossible. I think generally the Sherling class in America should reduce its expectations a lot. Including the pension funds, you bet. It's stupid the way people are extrapolating the past. This is slightly stupid, massively stupid. Nobody has any interest in saying this, financial interest in saying it,. People have all kinds of financial interests in saying just the opposite.