4 ms·
Given that Benford's law tends to apply when the numbers span many orders of magnitudes, I would have expected more emphasis on that. Berkshire Hathaway (low 20
by FabHK 5y ago
Given that Benford's law tends to apply when the numbers span many orders of magnitudes, I would have expected more emphasis on that. Berkshire Hathaway (low 200, high 450,000) covers about 3.4 orders of magnitude (and much more time, ie opportunities to wander up and down), BTC (low 200, high 60,000) covers about about 2.5 orders of magnitude.
So, we should expect BTC to have a worse fit than Berkshire. How much worse would require some more sophisticated analysis than looking at the graphs, it seems.