If someone is not critically reasoning about what is needed in their specific case, exponential growth is going to give far better results on average than constant growth.
If someone is critically reasoning about their allocations, then presumably they'll be able to pick up the (fairly rare) cases where exponential growth is sufficiently detrimental to matter.
If someone is critically reasoning about their allocations, then presumably they'll be able to pick up the (fairly rare) cases where exponential growth is sufficiently detrimental to matter.