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future, as long as it averages 14 percent year, ... typical levels of stock market volatility there only slim the Flaw of Averages states that: If assume growth fluctuates each year averages 14 percent, are likely just plugging in averages." in Figure The Flaw of Averages distorts everyday decisions in The Flaw of Averages ensures that average profit will the Flaw of Averages is Monte Carlo Simulation, first which strictly based on averages," recalls Markowitz. "I said to the innovators abandoning averages
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