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Now THERE'S a surprise

http://www.thelocal.ch/20141014/swiss-remain-wealthiest-in-world-credit-suisse

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http://www.thelocal.ch/20141014/swiss-remain-wealthiest-in-world-credit-suisse


sheila cOct 14, 2014 @ 16:36
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Re: Now THERE'S a surprise
Post 1

depends what you mean by "wealth"....

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depends what you mean by "wealth"....


Jeffery S, Oct 14, 2014 @ 19:13
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Re: Now THERE'S a surprise
Post 2

Well, bearing in mind it's the Credit Suisse...............Innocent

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Well, bearing in mind it's the Credit Suisse...............Innocent


sheila c, Oct 15, 2014 @ 12:09
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Re: Now THERE'S a surprise
Post 3

depends what you mean by "wealth"....


Oct 14, 14 19:13

assets - liabilities?


what else could they mean?

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assets - liabilities?


what else could they mean?


Paul D, Oct 15, 2014 @ 12:28
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Re: Now THERE'S a surprise
Post 4

assets - liabilities?

what else could they mean?


Oct 15, 14 12:28

Paul - I was taking a slightly more holistic approach rather than $ and cents....if I go back to my homeland and can stand in a river with a fly rod in my hand with absolutely no-one else around, then I consider that I would be extremely wealthy....

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Paul - I was taking a slightly more holistic approach rather than $ and cents....if I go back to my homeland and can stand in a river with a fly rod in my hand with absolutely no-one else around, then I consider that I would be extremely wealthy....


Jeffery S, Oct 15, 2014 @ 12:55
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Re: Now THERE'S a surprise
Post 5

Paul - I was taking a slightly more holistic approach rather than $ and cents....if I go back to my homeland and can stand in a river with a fly rod in my hand with absolutely no-one else around, then I consider that I would be extremely wealthy....


Oct 15, 14 12:55

I'm 100% with you. But I'm also 100% sure that's not what Credit Suisse mean by wealth...(-:

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I'm 100% with you. But I'm also 100% sure that's not what Credit Suisse mean by wealth...(-:


Nir Ofek, Oct 15, 2014 @ 13:43
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Re: Now THERE'S a surprise
Post 6

Seems like Jeffery likes liquidity...

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Seems like Jeffery likes liquidity...


Casuistik, Oct 15, 2014 @ 13:52
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Re: Now THERE'S a surprise
Post 7

Seems like Jeffery likes liquidity...


Oct 15, 14 13:52

that's one of your best ones yet...(-:

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that's one of your best ones yet...(-:


Nir Ofek, Oct 15, 2014 @ 13:58
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Re: Now THERE'S a surprise
Post 8

that's one of your best ones yet...(-:


Oct 15, 14 13:58

Gotta agree....!!

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Gotta agree....!!


Jeffery S, Oct 15, 2014 @ 14:35
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Re: Now THERE'S a surprise
Post 9

From the article (emphasis is mine):


Switzerland continues to boast the highest average wealth per adult in the world, at $581,000 in 2013


There was a XIX century poet from my country, called Trilussa.  He once wrote a sonnet about statistics.  The sonnet was saying that if a rich man eats two chickens (a delicacy at Trilussa's times) while a poor man eats nothing, statistically they ate one chicken each.

The text you are quoting:

From the article (emphasis is mine):


Switzerland continues to boast the highest average wealth per adult in the world, at $581,000 in 2013


There was a XIX century poet from my country, called Trilussa.  He once wrote a sonnet about statistics.  The sonnet was saying that if a rich man eats two chickens (a delicacy at Trilussa's times) while a poor man eats nothing, statistically they ate one chicken each.


TheOmegaMan, Oct 15, 2014 @ 17:38
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Re: Now THERE'S a surprise
Post 10

From the article (emphasis is mine):

Switzerland continues to boast the highest average wealth per adult in the world, at $581,000 in 2013

There was a XIX century poet from my country, called Trilussa.  He once wrote a sonnet about statistics.  The sonnet was saying that if a rich man eats two chickens (a delicacy at Trilussa's times) while a poor man eats nothing, statistically they ate one chicken each.


Oct 15, 14 17:38

Or to be a bit more technical, the average is pretty meaningless for data that adheres to some kind of powerlaw. 

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Or to be a bit more technical, the average is pretty meaningless for data that adheres to some kind of powerlaw. 


mdiephuis, Oct 15, 2014 @ 20:40
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Re: Now THERE'S a surprise
Post 11

Seems like Jeffery likes liquidity...


Oct 15, 14 13:52

... and standing by himself with his rod in his hand.

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... and standing by himself with his rod in his hand.


Andy C, Oct 16, 2014 @ 08:54
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Re: Now THERE'S a surprise
Post 12

Fly rod Andy....fly rod !!

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Fly rod Andy....fly rod !!


Jeffery S, Oct 16, 2014 @ 09:06
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Re: Now THERE'S a surprise
Post 13

From the article (emphasis is mine):

Switzerland continues to boast the highest average wealth per adult in the world, at $581,000 in 2013

There was a XIX century poet from my country, called Trilussa.  He once wrote a sonnet about statistics.  The sonnet was saying that if a rich man eats two chickens (a delicacy at Trilussa's times) while a poor man eats nothing, statistically they ate one chicken each.


Oct 15, 14 17:38

I heard a different variation of the same statistics story:


A statistics student is sent to poll a building where the inhabitants are 1 pregnant women (9 months in) and 8 virgin women. His report: in the building live 9 pregnant woman in their 1st month of pregnany each. 

The text you are quoting:

I heard a different variation of the same statistics story:


A statistics student is sent to poll a building where the inhabitants are 1 pregnant women (9 months in) and 8 virgin women. His report: in the building live 9 pregnant woman in their 1st month of pregnany each. 


Nir Ofek, Oct 16, 2014 @ 09:10
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Re: Now THERE'S a surprise
Post 14

Or to be a bit more technical, the average is pretty meaningless for data that adheres to some kind of powerlaw. 


Oct 15, 14 20:40

But who cares about the US!... here's the global vue:

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But who cares about the US!... here's the global vue:


Jean-Jacques B, Oct 16, 2014 @ 10:53
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