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Success Quote by Phil Condit

"Two quarters doesn't make a trend, but it's a heck of a lot better than none"

About this Quote

"Two quarters doesn't make a trend" is the kind of corporate realism designed to sound brutally honest while still letting the room exhale. Phil Condit, speaking as a businessman, is managing expectations and optics at once: he concedes that a short run of good numbers is statistically flimsy, then immediately reframes it as meaningful progress. The pivot - "but it's a heck of a lot better than none" - is the tell. It takes what could be dismissed as noise and upgrades it into a signal, not by claiming certainty, but by claiming relief.

The intent is tactical. In boardrooms and earnings calls, everyone knows markets overreact to tiny samples, yet everyone also needs a narrative to justify confidence, patience, or a stock price. Condit's line is a preemptive strike against both cynics and cheerleaders. To the skeptics: yes, we know this could be a blip. To the optimists: we finally have something to point to. It's hedged optimism with a hard hat on.

The subtext is about credibility after strain - a turnaround, a rough patch, a reputational hit, or simply a business cycle that made leadership look powerless. Two quarters is the minimum viable storyline: enough time to suggest operational changes might be working, not enough time to be accused of declaring victory. The colloquial "heck" matters too; it lowers the temperature, signaling plainspoken steadiness rather than spreadsheet bravado. It's not triumph. It's permission to hope without sounding naive.

Quote Details

TopicOptimism
SourceHelp us find the source
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Citation Formats

APA Style (7th ed.)
Condit, Phil. (2026, January 16). Two quarters doesn't make a trend, but it's a heck of a lot better than none. FixQuotes. https://fixquotes.com/quotes/two-quarters-doesnt-make-a-trend-but-its-a-heck-130415/

Chicago Style
Condit, Phil. "Two quarters doesn't make a trend, but it's a heck of a lot better than none." FixQuotes. January 16, 2026. https://fixquotes.com/quotes/two-quarters-doesnt-make-a-trend-but-its-a-heck-130415/.

MLA Style (9th ed.)
"Two quarters doesn't make a trend, but it's a heck of a lot better than none." FixQuotes, 16 Jan. 2026, https://fixquotes.com/quotes/two-quarters-doesnt-make-a-trend-but-its-a-heck-130415/. Accessed 12 Feb. 2026.

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About the Author

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Phil Condit (born August 2, 1941) is a Businessman from USA.

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