2 ms·
If you lose half your wealth, you have to double your wealth to get back to where you were. The log change intuitively shows this.... log (0.5) = -0.3 & log (2
by nzealand 3y ago
If you lose half your wealth, you have to double your wealth to get back to where you were.
The log change intuitively shows this.... log (0.5) = -0.3 & log (2) = 0.3
If you lose three quarters of your wealth, you have to quadruple your wealth to get back to where you where.
Again, log intuitively shows this.... log (0.25) = -0.6 & log (4) =0.6