There was a sweet spot for a radio station, but a steep penalty for overshooting it.
However, if peripheral countries undershoot ECB's "close, but below 2%" inflation target, somebody needs to overshoot it.
They jump all the way to the new equilibrium level, and, as the late M.I.T. economist Rudiger Dornbusch explained almost forty years ago, they often overshoot it.
With the money-supply targets and inflation still overshooting, it proposed tax increases and other fiscal tightening worth 2% of GDP, apostasy to the Keynesian consensus that then permeated academia.
Unable to fit anything into the official budget, Dr. Ride and her colleagues tried to see how various programs would fit into an "unconstrained budget," which would be allowed to overshoot it by up to $3 billion a year, then grow with inflation.
You might apply Klarman's idea of conservatively estimating a company's cash flows and the applicable discount rate in valuing a company as part of a margin of safety, but taking a conservative view of what the market may be for a venture investment is arguably even worse than overshooting it because it will probably lead you to miss out on some great opportunities, like Airbnb above.
He took one last sip of his beverage and attempted to throw the plastic bottle into a nearby receptable, only to overshoot it.
You will probably overshoot it, if you reach Teton Point turnout, you've passed it.
Never treat helping your shy friend socialize as a pet-project, overshooting it with attention.
It is because life routinely overshoots its carrying capacity that we observe such diversity today.
