[Edu-sig] Financial calculation

[ajsiegel at optonline.net]

----- Original Message -----
From: Kirby Urner <urnerk at qwest.net>
Date: Monday, February 14, 2005 2:41 pm
Subject: RE: [Edu-sig] Financial calculation

> > 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 
> formularunning out 10 years?


Why is useful to repeat the story of the King and the grains of wheat 
and the chessboard?

I assume you know my reference.

Same reason, different era.

> 
> 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.

Only if you can find a why to compund it a 500% over some 
substanital time period.  Else you just found $100. 

That used to buy a nice pair of shoes. 
> 
> Over on the Wittgenstein list, we call this "language idling" 
> (i.e. doing no
> work).


If you say so.

Art

> 
> Kirby
> 
> 
>