View Single Post
Old 02-03-2009, 08:15 AM   #20
Carpal \'Tunnel
Cangurino's Avatar
Join Date: Apr 2008
Location: The Circus
Posts: 13,478
Re: Concept of the Week: Equity Exploration

Great video, will have to watch it a couple of times to fully get it I guess. Is there a way to dl it? (if not np)

Can't resist the following plug for arithmetic: If you want to figure out a mixed equity, say 70% of the time we have 57%, and 30% of the time we have 46% (or whatever the numbers were), then take the difference between the two and add a proportion of it to the lower value. Here, difference is 11, 70% of that is 7.7, 46+7.7=53.7. If you approximate that at the table you might say that you have to go 70% of the way from 46 to 57, so that gives you a good idea.
Cangurino is offline   Reply With Quote