TheLBLman
Well-Known Member
STILL NOT SURE?!? :tu:
I wish I had more time to get in to it now, but that "penny" scenario is a classic example of why cumulative compounding is SO SIGNIFICANT.
It so obvious that $10,000 a day for 30 days adds up to $300,000.
It is not so obvious, almost not even worth considering, until you actually do,
then find out that a penny a day doubled daily becomes millions of dollars in only 30 days.
Albert Einstein —
'Compound interest is the eighth wonder of the world. He who understands it, earns it ... he who doesn't ... pays it.'
Instead of daily, just imagine yearly, for like 30 years. A seemingly very small issue can grow exponentially into a big one over time. I believe the antler high-grading factor has become much more significant than it initially appears to many deer managers. Similar can be said for the cumulative effects of each year just having slightly more (or less) older bucks.
The direction of the TREND becomes very significant, especially over time in years, much like doubling a penny daily.
TIME answers part of the riddle for why Whitley County has produced so many larger antlered bucks than Campbell.
I wish I had more time to get in to it now, but that "penny" scenario is a classic example of why cumulative compounding is SO SIGNIFICANT.
It so obvious that $10,000 a day for 30 days adds up to $300,000.
It is not so obvious, almost not even worth considering, until you actually do,
then find out that a penny a day doubled daily becomes millions of dollars in only 30 days.
Albert Einstein —
'Compound interest is the eighth wonder of the world. He who understands it, earns it ... he who doesn't ... pays it.'
Instead of daily, just imagine yearly, for like 30 years. A seemingly very small issue can grow exponentially into a big one over time. I believe the antler high-grading factor has become much more significant than it initially appears to many deer managers. Similar can be said for the cumulative effects of each year just having slightly more (or less) older bucks.
The direction of the TREND becomes very significant, especially over time in years, much like doubling a penny daily.
TIME answers part of the riddle for why Whitley County has produced so many larger antlered bucks than Campbell.