"Two quarters doesn't make a trend, but it's a heck of a lot better than none"
About this Quote
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
| Topic | Optimism |
|---|---|
| Source | Help us find the source |
| Cite |
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.


