Yes, but try explaining that to the average high school grad today.... :)
Yes, but try explaining that to the average PHD grad today.... :)
Try explaining to many financial reporters the difference between gain, % gain and Rate of Return. Most seem to use just about any metric interchangeably and at random and reference it as any of the three. RoR and NPV are all that really matter to me.
The ones that call % gain return and let the reader assume it is annual RoR when it is probably total return or average rate of return and don’t bat an eye are the ones that piss me off. You’ve got to dig very far down in the prospectus to find out what they are really saying. The SEC let them get away with this apparent range of reporting metrics and intentional obfuscation.
Once that is sorted out then try to explain to a high screwl graduate ratio and proportion. Around here the pinnacle in life for the average successful person is when they played high screwl football or were a pom pom girl. The rest work for them.