Inflection Point
An event that changes the way we think and act.
-Andy Grove, Founder of Intel. Investopedia Says:
For example, the fall of the Berlin Wall was an inflection point in global politics and the commercialization of the Internet was an inflection point in technology.
Think of it as a turning point. When a company makes a major strategic change it is said to be "at an inflection point." This profound change could be positive or negative. Related Terms:
Behavioral Economics
Behavioral Finance |