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A comment on The 1975 Buffett memo that saved the Washington Post's pension. Parent comment

Re:The 1975 Buffett memo that saved the Washington Post's pe... by moments on Saturday August 17, 2013 @12:54AM (#6228207)
I never realized that the median is an average... interesting. So any average can be dominated by extreme events, except the median average.

Then we are discussing averages, in general. So, the common misconception would be:

-Averages are dominated by the median, and deviation from the mean is symmetric.-

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