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yeah I was thinking the same. 400(well, 398) worth 2 billion still gives you something like 500k per company. When considering the 15k invested, sounds like a w
by rtpg 14y ago
yeah I was thinking the same. 400(well, 398) worth 2 billion still gives you something like 500k per company. When considering the 15k invested, sounds like a winner to me. Obviously this is averaging but still.
- evincarofautumn 14y agoThe mean helps put it in perspective, but the exponential distribution is perhaps more telling. If, say, 50% of the wealth is accounted for by 15% of the companies, the mean doesn’t give you any intuition for how the game actually works.