[Edu-sig] Financial calculation

Kirby Urner urnerk at qwest.net
Mon Feb 14 20:41:57 CET 2005


> Though maybe my calculations need to be checked, in Python.
> 
> And I still don't own any Apple.
> 
> Art

Why is it useful to take a sudden spike in a stock, use that to derive an
annual growth rate of 500%, and plug that into a compound interest formula
running out 10 years?

By the same reasoning, finding a $100 bill on the sidewalk will make me a
gazillionaire, so I should just quit all my jobs and retire.

Over on the Wittgenstein list, we call this "language idling" (i.e. doing no
work).

Kirby




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