Re:Lost Diamonds: How our current system is failing underpri...
by yoha on Thursday September 29, 2016 @09:35PM
(#12610032)
Edit: the actual figure is 90%
For other people struggling to read this comment: "(" is on the same key as "5" on Azerty keyboards.
Re:Lost Diamonds: How our current system is failing underpri...
by wang_li on Thursday September 29, 2016 @09:50PM
(#12610086)
It's also a capital 9. I'm so ashamed. The number is supposedly 90%.
Re:Lost Diamonds: How our current system is failing underpri...
by yoha on Thursday September 29, 2016 @10:22PM
(#12610177)
Oh, my bad, I got confused with the brackets (which are not on a digit key). I really should have checked. See, we all make mistakes!
Re:Lost Diamonds: How our current system is failing underpri...
by gbersac on Friday September 30, 2016 @03:55AM
(#12611067)
Did you know you can edit your post? I think yours deserve it.
Re:Lost Diamonds: How our current system is failing underpri...
by wang_li on Friday September 30, 2016 @02:44PM
(#12614390)
It appears that after a certain amount of time the edit capability is unavailable.
Re:Lost Diamonds: How our current system is failing underpri...
by bobjordan on Thursday September 29, 2016 @10:32PM
(#12610212)
There is a force not unlike gravity, constantly pulling on all outliers, reverting them to the mean over time. However, that does not imply the outliers do not "sit at the top" and heavily impact whatever group in which they are the outliers.
Re:Lost Diamonds: How our current system is failing underpri...
by rbanffy on Friday September 30, 2016 @01:02PM
(#12613672)
There are many exceptions http://blogs.wsj.com/economics/2016/05/19/the-wealthy-in-flo...
Re:Lost Diamonds: How our current system is failing underpri...
by imtringued on Friday September 30, 2016 @02:12AM
(#12610761)
The median inheritance is $50k. Is it possible that very large inheritances are more likely to keep accumulating?
Re:Lost Diamonds: How our current system is failing underpri...
by contingencies on Friday September 30, 2016 @08:02PM
(#12615938)
The Chinese proverb for this is 富不過三代 which literally means "wealth does not pass three generations". It's allegedly ancient.
http://www.wsj.com/articles/SB100014241278873246624045783346...