2 ms·
This shows the importance of mental gut checks. If indeed 1% break after 15 years, then 10% (ignoring compounding) break after 150 years, and 50% after 750 yea
by stocknoob 5y ago
This shows the importance of mental gut checks.
If indeed 1% break after 15 years, then 10% (ignoring compounding) break after 150 years, and 50% after 750 years. That doesn’t square with a half life of 10,000.
- ReaLNero 5y agoI always forget Bernoulli's inequality. Your gut isn't as clever as mine :)