Friday, August 12, 2011

Volatility

If you have a dollar, and you lose ten percent one day, you will have 90 cents.

If you gain ten percent the next day, you will have 99 cents.

If this continues long enough, you will be out of money.

I'm still a little upset at my friend the nuclear engineer and part time financial manager who pointed this out to me.

You're welcome.

3 comments:

  1. I, personally, am no fan of reality. Especially this kind of reality. I think I'll go divide by zero now.

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  2. If I could "like" (or I guess "+1" now) that guy's comment, I would.

    ReplyDelete
  3. Ugh. My favorite word: cluster-fuck. Applies to everything; every situation. At least I no longer live in DC.

    ReplyDelete