Jun
1
Numberphile Video demonstrating that a cone that is 80% full in height is actually 50% full in volume. You will also know if your getting scammed in a bar.
Cones are MESSED UP - Numberphile
Zubin Al Genubi writes:
This is why convexity, compounding, and geometric or exponential growth are hard to comprehend.
Kim Zussman comments:
Geometric returns are important when assessing performance. From an investor's perspective, average returns underweight when a manager loses everything (because it is sum-based), but geometric returns don't (because it is a product).
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