A Quote by William Poundstone

The ultimate compound return rate is acutely sensitive to fat tails. — © William Poundstone
The ultimate compound return rate is acutely sensitive to fat tails.
Put God in your debt. Every stroke shall be repaid. The longer the payment is with-held, the better for you; for compound interest on compound interest is the rate and usage of this exchequer.
The rate of return on Social Security for people nearing retirement is about 1.5 percent. By the time young children like mine are ready to retire, that rate of return will be a negative percentage.
One important measurement issue concerns the fat tails problem that I mentioned earlier. VAR is concerned with extreme outcomes. If the tails of the probability distributions we are using are too thin, our VAR measures are likely to be too low.
Companies typically borrow money at less than their return on equity and therefore compound their return at the expense of lenders.
But with a rate of return of 1.6 percent or less, or a negative rate of return, our children and our grandchildren, if we do not make changes, will in fact not have a secure retirement. Indeed, they will not have the funds when they go to retire to even minimally get by.
The same men who are blind and deaf to feminism are acutely sensitive to what threatens their dominance and privilege.
Marijuana is self-punishing. It makes you acutely sensitive, and in this world, what worse punishment could there be?
I don't pretend that I can predict the future value of the growth rate or rate of return.
I was fat, and that was awful because when you're young and sensitive, you think the world is over because you're fat.
My ultimate responsibility is to the folks that elected me here in the commonwealth, so I am acutely aware of that obligation and commitment.
There is a third silent party to all our bargains. The nature and soul of things takes on itself the guaranty of the fulfillment of every contract, so that honest service cannot come to loss. If you serve an ungrateful master, serve him the more. Put God in your debt. Every stroke shall be repaid. The longer the payment is withholden, the better for you; for compound interest on compound interest is the rate and usage of this exchequer.
Once you become more like Madison Avenue, you become acutely sensitive to what's going to annoy your clients.
The best strategy is one that offers the highest compound return consistent with no risk of going broke.
No agency is more acutely aware of how potentially damning and politically sensitive background investigations can be than the FBI; it conducts those investigations, after all.
Knowledge and productivity are like compound interest. The more you know, the more you learn; the more you learn, the more you can do; the more you can do, the more the opportunity. I don`t want to give you a rate, but it is a very high rate. Given two people with exactly the same ability, the one person who manages day in and day out to get in one more hour of thinking will be tremendously more productive over a lifetime.
Both a priori reasoning and experience teach us that as as these funds grow larger the geometrical rate of growth by compound interest ultimately defeats itself.
This site uses cookies to ensure you get the best experience. More info...
Got it!