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#26 2008-08-24 4:41 pm

Hank Rearden
Watch your step
From: Republic of Western Canada
Registered: 2001-04-18
Posts: 7044
Website

Re: Warren Buffet: daring to be different

ScifiterX wrote:

True but usually median, mean, and average are relatively close to each other.

Median and mean are usually pretty close. But a change in the median implies a change in "most" of the data points. A change in the mean does not.

And "average" is a pretty vague term, usually taken to mean "mean," but it can mean another measure of central tendency.


The gross heathenism of civilization has generally destroyed nature, and poetry, and all that is spiritual. -John Muir-

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#27 2008-08-24 4:43 pm

ShnickyShnack
::: title edited due to Satanic influences :::
From: Rockin' out
Registered: 2001-05-25
Posts: 22237

Re: Warren Buffet: daring to be different

Hank Rearden wrote:

ScifiterX wrote:

True but usually median, mean, and average are relatively close to each other.

Median and mean are usually pretty close. But a change in the median implies a change in "most" of the data points. A change in the mean does not.

And "average" is a pretty vague term, usually taken to mean "mean," but it can mean another measure of central tendency.

SEMANTICS MODE: ENGAGED


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#28 2008-08-24 4:53 pm

Hank Rearden
Watch your step
From: Republic of Western Canada
Registered: 2001-04-18
Posts: 7044
Website

Re: Warren Buffet: daring to be different

More like geek mode. Fun, huh?


The gross heathenism of civilization has generally destroyed nature, and poetry, and all that is spiritual. -John Muir-

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#29 2008-08-24 4:53 pm

Farmerkev
Official Dementor
Moderator
Registered: 2003-01-03
Posts: 18623

Re: Warren Buffet: daring to be different

ShnickyShnack wrote:

Hank Rearden wrote:

ScifiterX wrote:

True but usually median, mean, and average are relatively close to each other.

Median and mean are usually pretty close. But a change in the median implies a change in "most" of the data points. A change in the mean does not.

And "average" is a pretty vague term, usually taken to mean "mean," but it can mean another measure of central tendency.

SEMANTICS MODE: ENGAGED

No, engage your math mode because he's correct.


Do your part to combat global warming.
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#30 2008-08-24 4:54 pm

ShnickyShnack
::: title edited due to Satanic influences :::
From: Rockin' out
Registered: 2001-05-25
Posts: 22237

Re: Warren Buffet: daring to be different

Farmerkev wrote:

ShnickyShnack wrote:

Hank Rearden wrote:


Median and mean are usually pretty close. But a change in the median implies a change in "most" of the data points. A change in the mean does not.

And "average" is a pretty vague term, usually taken to mean "mean," but it can mean another measure of central tendency.

SEMANTICS MODE: ENGAGED

No, engage your math mode because he's correct.

Correct in missing the entire point of the thread?


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#31 2008-08-24 4:54 pm

Farmerkev
Official Dementor
Moderator
Registered: 2003-01-03
Posts: 18623

Re: Warren Buffet: daring to be different

ShnickyShnack wrote:

Farmerkev wrote:

ShnickyShnack wrote:


SEMANTICS MODE: ENGAGED

No, engage your math mode because he's correct.

Correct in missing the entire point of the thread?

Which was Buffet thinks it's a recession.


Do your part to combat global warming.
Eat a cow.

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#32 2008-08-24 5:10 pm

Hank Rearden
Watch your step
From: Republic of Western Canada
Registered: 2001-04-18
Posts: 7044
Website

Re: Warren Buffet: daring to be different

So, back to what began this mathematical yapping... are most Americans actually worse off? And, by what measure(s)?

By some measures, I'd suspect that this is the case.

However, I would bet that, even worse off, the vast majority of Americans are still much better off than 95% of the rest of the world.

Discussions of recessions in the West - in terms of what they do to our ability to buy a new iPod or whatever - are extremely parochial. The big problem with a recession in the West is that we tend to get insular and don't buy as much of what the rest of the world is offering, which does filter down to those that have no idea what an iPod is and who couldn't even afford a Shuffle if they did.


The gross heathenism of civilization has generally destroyed nature, and poetry, and all that is spiritual. -John Muir-

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#33 2008-08-24 5:23 pm

ShnickyShnack
::: title edited due to Satanic influences :::
From: Rockin' out
Registered: 2001-05-25
Posts: 22237

Re: Warren Buffet: daring to be different

Hank Rearden wrote:

However, I would bet that, even worse off, the vast majority of Americans are still much better off than 95% of the rest of the world.

Discussions of recessions in the West - in terms of what they do to our ability to buy a new iPod or whatever - are extremely parochial. The big problem with a recession in the West is that we tend to get insular and don't buy as much of what the rest of the world is offering, which does filter down to those that have no idea what an iPod is and who couldn't even afford a Shuffle if they did.

Aha, so it's the freecat arguent ... "you're not living in Haiti so shut your whine-hole."

Well, I just don't by that "reasoning."


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#34 2008-08-24 5:57 pm

ScifiterX
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From: NW Palm Bay, Florida
Registered: 2000-02-10
Posts: 18094
Website

Re: Warren Buffet: daring to be different

I would say most American with some measures would be a fair appraisal. I would suspect many with a number of measures. My mother makes a a fair amount of money at $45K /year. Her retirement took a significant hit. She's having to spend more and more on gas and food leaving her less for things like glasses.

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#35 2008-08-24 6:29 pm

Farmerkev
Official Dementor
Moderator
Registered: 2003-01-03
Posts: 18623

Re: Warren Buffet: daring to be different

ShnickyShnack wrote:

Hank Rearden wrote:

However, I would bet that, even worse off, the vast majority of Americans are still much better off than 95% of the rest of the world.

Discussions of recessions in the West - in terms of what they do to our ability to buy a new iPod or whatever - are extremely parochial. The big problem with a recession in the West is that we tend to get insular and don't buy as much of what the rest of the world is offering, which does filter down to those that have no idea what an iPod is and who couldn't even afford a Shuffle if they did.

Aha, so it's the freecat arguent ... "you're not living in Haiti so shut your whine-hole."

Well, I just don't by that "reasoning."

With a world economy you had better start because that is reality.


Do your part to combat global warming.
Eat a cow.

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#36 2008-08-24 8:22 pm

ShnickyShnack
::: title edited due to Satanic influences :::
From: Rockin' out
Registered: 2001-05-25
Posts: 22237

Re: Warren Buffet: daring to be different

Farmerkev wrote:

ShnickyShnack wrote:

Hank Rearden wrote:

However, I would bet that, even worse off, the vast majority of Americans are still much better off than 95% of the rest of the world.

Discussions of recessions in the West - in terms of what they do to our ability to buy a new iPod or whatever - are extremely parochial. The big problem with a recession in the West is that we tend to get insular and don't buy as much of what the rest of the world is offering, which does filter down to those that have no idea what an iPod is and who couldn't even afford a Shuffle if they did.

Aha, so it's the freecat arguent ... "you're not living in Haiti so shut your whine-hole."

Well, I just don't by that "reasoning."

With a world economy you had better start because that is reality.

Would that be real reality or anecdotal reality?


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#37 2008-08-24 8:27 pm

ScifiterX
婚約中
Moderator
From: NW Palm Bay, Florida
Registered: 2000-02-10
Posts: 18094
Website

Re: Warren Buffet: daring to be different

In terms of world economy we are worse off than we were 4 even 8 years ago. We aren't worse than a lot of countries but we are worse than what we were.

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#38 2008-08-24 8:40 pm

matt
a very bad matt
Registered: 1999-09-16
Posts: 16688
Website

Re: Warren Buffet: daring to be different

ShnickyShnack wrote:

Farmerkev wrote:

ShnickyShnack wrote:

Aha, so it's the freecat arguent ... "you're not living in Haiti so shut your whine-hole."

Well, I just don't by that "reasoning."

With a world economy you had better start because that is reality.

Would that be real reality or anecdotal reality?

It's the reality in which Haiti is the acceptable minimal standard of living in the world.


Being loud: The next best thing to being right.

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#39 2008-08-24 8:56 pm

Farmerkev
Official Dementor
Moderator
Registered: 2003-01-03
Posts: 18623

Re: Warren Buffet: daring to be different

matt wrote:

ShnickyShnack wrote:

Farmerkev wrote:


With a world economy you had better start because that is reality.

Would that be real reality or anecdotal reality?

It's the reality in which Haiti is the acceptable minimal standard of living in the world.

You two done with your wiseass dog and pony show or care to make fools of yourselves some more?


Do your part to combat global warming.
Eat a cow.

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#40 2008-08-24 9:05 pm

Pariah
James Carville Fan..
From: Belly Of The Beast, Oklahoma!
Registered: 2001-05-24
Posts: 18421

Re: Warren Buffet: daring to be different

Farmerkev wrote:

ShnickyShnack wrote:

Hank Rearden wrote:

However, I would bet that, even worse off, the vast majority of Americans are still much better off than 95% of the rest of the world.

Discussions of recessions in the West - in terms of what they do to our ability to buy a new iPod or whatever - are extremely parochial. The big problem with a recession in the West is that we tend to get insular and don't buy as much of what the rest of the world is offering, which does filter down to those that have no idea what an iPod is and who couldn't even afford a Shuffle if they did.

Aha, so it's the freecat arguent ... "you're not living in Haiti so shut your whine-hole."

Well, I just don't by that "reasoning."

With a world economy you had better start because that is reality.

No it's not. That's just a rationalization to excuse the failure of the policies these last 8 years. Typical of the rights thinking tho.


"and it's not surprising that they get bitter, they cling to guns or religion or antipathy to people who aren't like them or anti-immigrant sentiment or anti-trade sentiment as a way to explain their frustrations."
Barack Obama

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#41 2008-08-24 10:03 pm

Farmerkev
Official Dementor
Moderator
Registered: 2003-01-03
Posts: 18623

Re: Warren Buffet: daring to be different

Pariah wrote:

Farmerkev wrote:

ShnickyShnack wrote:


Aha, so it's the freecat arguent ... "you're not living in Haiti so shut your whine-hole."

Well, I just don't by that "reasoning."

With a world economy you had better start because that is reality.

No it's not. That's just a rationalization to excuse the failure of the policies these last 8 years. Typical of the rights thinking tho.

This started in the 70's.
You know this as well as I do.
It isn't about right versus left and never was.


Do your part to combat global warming.
Eat a cow.

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#42 2008-08-24 10:08 pm

ShnickyShnack
::: title edited due to Satanic influences :::
From: Rockin' out
Registered: 2001-05-25
Posts: 22237

Re: Warren Buffet: daring to be different

Farmerkev wrote:

matt wrote:

ShnickyShnack wrote:


Would that be real reality or anecdotal reality?

It's the reality in which Haiti is the acceptable minimal standard of living in the world.

You two done with your wiseass dog and pony show or care to make fools of yourselves some more?

I prefer to think of it as calling you on your bullsmurf.

Also I picture freecat reading this and tearing his hair out.


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#43 2008-08-24 10:14 pm

Farmerkev
Official Dementor
Moderator
Registered: 2003-01-03
Posts: 18623

Re: Warren Buffet: daring to be different

ShnickyShnack wrote:

Farmerkev wrote:

matt wrote:


It's the reality in which Haiti is the acceptable minimal standard of living in the world.

You two done with your wiseass dog and pony show or care to make fools of yourselves some more?

I prefer to think of it as calling you on your bullsmurf.

Also I picture freecat reading this and tearing his hair out.

You're that childish.


Do your part to combat global warming.
Eat a cow.

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#44 2008-08-24 10:17 pm

ScifiterX
婚約中
Moderator
From: NW Palm Bay, Florida
Registered: 2000-02-10
Posts: 18094
Website

Re: Warren Buffet: daring to be different

Farmerkev wrote:

Pariah wrote:

Farmerkev wrote:

With a world economy you had better start because that is reality.

No it's not. That's just a rationalization to excuse the failure of the policies these last 8 years. Typical of the rights thinking tho.

This started in the 70's.
You know this as well as I do.
It isn't about right versus left and never was.

It may have started in the 70s but all but those most stubbornly committed to ignoring what's going on see that things have gotten far worse under the current Bush administration than it's gotten under the Nixon to Clinton administrations combined.

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#45 2008-08-24 10:17 pm

ShnickyShnack
::: title edited due to Satanic influences :::
From: Rockin' out
Registered: 2001-05-25
Posts: 22237

Re: Warren Buffet: daring to be different

Farmerkev wrote:

ShnickyShnack wrote:

Farmerkev wrote:


You two done with your wiseass dog and pony show or care to make fools of yourselves some more?

I prefer to think of it as calling you on your bullsmurf.

Also I picture freecat reading this and tearing his hair out.

You're that childish.

Oh come on, lighten up.

Seriously, though, what is the deal with Haiti? Should us developed-world folks stop whining and be grateful we're not in Port-au-Prince? Does the fact that we're not in Haiti mean no one has the right to complain about the economy?

Because by that logic no one has the right to complain about anything, anywhere, at any time because there's always someone worse off. Is that your thinking here?


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#46 2008-08-24 10:20 pm

Farmerkev
Official Dementor
Moderator
Registered: 2003-01-03
Posts: 18623

Re: Warren Buffet: daring to be different

ShnickyShnack wrote:

Farmerkev wrote:

ShnickyShnack wrote:


I prefer to think of it as calling you on your bullsmurf.

Also I picture freecat reading this and tearing his hair out.

You're that childish.

Oh come on, lighten up.

Seriously, though, what is the deal with Haiti? Should us developed-world folks stop whining and be grateful we're not in Port-au-Prince? Does the fact that we're not in Haiti mean no one has the right to complain about the economy?

Because by that logic no one has the right to complain about anything, anywhere, at any time because there's always someone worse off. Is that your thinking here?

No but it does get old hearing people trying to equate the sniffles with N stage cancer.


Do your part to combat global warming.
Eat a cow.

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#47 2008-08-24 10:23 pm

Farmerkev
Official Dementor
Moderator
Registered: 2003-01-03
Posts: 18623

Re: Warren Buffet: daring to be different

ScifiterX wrote:

Farmerkev wrote:

Pariah wrote:


No it's not. That's just a rationalization to excuse the failure of the policies these last 8 years. Typical of the rights thinking tho.

This started in the 70's.
You know this as well as I do.
It isn't about right versus left and never was.

It may have started in the 70s but all but those most stubbornly committed to ignoring what's going on see that things have gotten far worse under the current Bush administration than it's gotten under the Nixon to Clinton administrations combined.

What is going on is a slight lowering of the first world standard of living in the attempt to raise the rest of the worlds standards.
I'd like to see what evidence you have that things have gotten worse in the last 8 years than the previous 20 combined.


Do your part to combat global warming.
Eat a cow.

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#48 2008-08-24 10:23 pm

ShnickyShnack
::: title edited due to Satanic influences :::
From: Rockin' out
Registered: 2001-05-25
Posts: 22237

Re: Warren Buffet: daring to be different

Farmerkev wrote:

ShnickyShnack wrote:

Farmerkev wrote:


You're that childish.

Oh come on, lighten up.

Seriously, though, what is the deal with Haiti? Should us developed-world folks stop whining and be grateful we're not in Port-au-Prince? Does the fact that we're not in Haiti mean no one has the right to complain about the economy?

Because by that logic no one has the right to complain about anything, anywhere, at any time because there's always someone worse off. Is that your thinking here?

No but it does get old hearing people trying to equate the sniffles with N stage cancer.

Am I crazy or did you essentially just say "no" and then "yes?"


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#49 2008-08-24 10:24 pm

Farmerkev
Official Dementor
Moderator
Registered: 2003-01-03
Posts: 18623

Re: Warren Buffet: daring to be different

ShnickyShnack wrote:

Farmerkev wrote:

ShnickyShnack wrote:


Oh come on, lighten up.

Seriously, though, what is the deal with Haiti? Should us developed-world folks stop whining and be grateful we're not in Port-au-Prince? Does the fact that we're not in Haiti mean no one has the right to complain about the economy?

Because by that logic no one has the right to complain about anything, anywhere, at any time because there's always someone worse off. Is that your thinking here?

No but it does get old hearing people trying to equate the sniffles with N stage cancer.

Am I crazy or did you essentially just say "no" and then "yes?"

You're crazy.


Do your part to combat global warming.
Eat a cow.

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#50 2008-08-24 10:29 pm

Hank Rearden
Watch your step
From: Republic of Western Canada
Registered: 2001-04-18
Posts: 7044
Website

Re: Warren Buffet: daring to be different

ShnickyShnack wrote:

Hank Rearden wrote:

However, I would bet that, even worse off, the vast majority of Americans are still much better off than 95% of the rest of the world.

Discussions of recessions in the West - in terms of what they do to our ability to buy a new iPod or whatever - are extremely parochial. The big problem with a recession in the West is that we tend to get insular and don't buy as much of what the rest of the world is offering, which does filter down to those that have no idea what an iPod is and who couldn't even afford a Shuffle if they did.

Aha, so it's the freecat arguent ... "you're not living in Haiti so shut your whine-hole."

Well, I just don't by that "reasoning."

I don't know if I'd phrase it exactly that way. But yes. Why not?

Yes, we're likely in a downturn of some sort (I can leave it to the economists to argue about whether it's a recession or not, etc.).  But, unless things get 30's-level bad, you're not going to be standing in a bread line anytime soon.

But, people in - Haiti, for instance - aren't even going to have the luxury of bread lines if things get worse. Heck, they don't have that "luxury" now. They definitely won't if things go south.


The gross heathenism of civilization has generally destroyed nature, and poetry, and all that is spiritual. -John Muir-

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