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    - Economic Errata

    Started by TDoS May 15, 2025, 03:37 PM

    Message path : / Society / The American economy / Economic Errata #85


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    TDoS

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    • Master of Post-Gnostic Perspectives
    • Posts: 514
    May 15, 2025, 03:37 PM
    Quote from: K-Dog on May 12, 2025, 07:05 AM7 figure net worth types?

    You claim to be a statician and can't tell 9 figures from 7. Dude, that is a difference of a hundred to one.
    Of course I know what 2 orders of magnitude are. Not the point. I had previously and arbitrarily decided that 7 figures and up are high net worth individuals, and speculated on the perspective they, and you and I, might have because of it.

    I do use statistics. I have laid no claim to being a statistician. Stochastic modeling, as you've noted, is about handling sharp objects, involving statistics. :)  There are people who can barely handle sharp objects, true. And then there are those who can juggle them. While riding a unicycle. On a rope strung between two buildings. Over a lake filled with crocodiles. During a rainstorm. While being stung by bees.

    Who said such a person needs to have been trained as a statistician?  :) 

    Quote from: K-DogI have met three billionaires in my life.  RE knows this to be true because when he was in Seattle RE saw where I worked.  He knows I have sucked in the thin air.

    I once got into an argument with Harold Hamm?. And I've met others like him, but never asked about their net worth as it wasn't relevant to the conversation.

    Quote from: K-DogBillionaires are not a superior life form.  Sorry to inform you of this.  As humans they are flawed, and capable of making horrible decisions which can ruin the lives of millions of people.

    You are going back in the cooler.  Three days.

    I have made no claim about the superioriority of billionaires, only classified high net worth individuals starting at 7 figures, like you and I.

    The excuse for the cooler was "insulting a diner". Where was the insult?

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