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/biz/ - Business & Finance

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File: 2 KB, 312x162, theshekelcurve.png [View same] [iqdb] [saucenao] [google]
970670 No.970670 [Reply] [Original]

Tell me about this curve /biz. Do you know what it is? Can you spot it in the practical world? Do you use it everyday to your advantage?

>> No.970672

>>970670
No.

>> No.970684

>>970670
Yes. I once spotted a curve like that in a waiting room at a dentist office. Was a nice curve, very gradual and unassuming. The curve belonged to an attached chair, belonging to a set of 3 such chairs. It fit my left and right buttocks nicely, giving them a good cushion and supporting a healthy upward posture. 10/10 would use curve again if encountered in the future.

>> No.970707
File: 76 KB, 709x765, 457957453657.jpg [View same] [iqdb] [saucenao] [google]
970707

It's believe it shows my job prospects after graduating

>> No.970711

>>970670
let me guess, its a jew meme right?

>> No.970714

>>970707
kekeke

>>970711
Close, but not quite. However, I am certain the chosen people use it extensively in their day-to-day thought process.

>> No.970722

>>970670
Ah yes. The decline of OP's heterosexuality over time.

>> No.970726

>>970722
That wouldn't be a curve, bro. It would be a straight line at 0

>> No.970727

Does this have something to do with standard deviations and 4pi?

>> No.970732

>>970714
I am of the chosen one, you can ask me.

>> No.970736

>>970670
Diminishing returns?

>> No.970768
File: 22 KB, 453x231, enron.jpg [View same] [iqdb] [saucenao] [google]
970768

>>970736
OPs curve initially plummets and then evens out, like the opposite of diminishing returns.

I'm an uneducated drug addicted plebeian and a borderline retard but this looks to me like the value of a stock that recently shit the bed. Initial rapid selloff leaving only the faithful die-hards who are hoping for a recovery.

see green line in pic related

>> No.970770

>>970722
>P's heterosexuality over time.
Someone didn't learn his impulse functions ;)
>>970727
No
>>970736
Thats one possible modelling application, yes.

Anyone else? Or is everyone here a burger pleb who doesn't know their algebra, let alone functions?

>> No.970777

>>970670
1/x

Don't know what it means though. Inflation?

>> No.970782

>>970670
>Tell me about this curve /biz. Do you know what it is?

y = 1/x (or some variation of)

>> No.970783

>>970782
so like

y = 1/ (nx^n)

>> No.970784

NPV 1/(1+r)^t

>> No.970786
File: 231 KB, 800x508, why.gif [View same] [iqdb] [saucenao] [google]
970786

>>970768
Alright plebs, the curve I posted models something called a Power Law. And if you're browsing /biz you better know what that is.

Here are three BASIC links to start off
Wikipedia:
https://en.wikipedia.org/wiki/Power_law

Thiel and Horowitz on Power Law:
http://a16z.com/tag/power-law/

Examples of power law distributions:
https://www.google.ca/url?sa=t&rct=j&q=&esrc=s&source=web&cd=5&cad=rja&uact=8&sqi=2&ved=0ahUKEwiF0b72uqfJAhXGNSYKHd-tBXQQFghCMAQ&url=https%3A%2F%2Fwww.cs.cornell.edu%2Fhome%2Fkleinber%2Fnetworks-book%2Fnetworks-book-ch18.pdf&usg=AFQjCNFNn8uJWfRjVMOly7co_7_93cWs2Q&bvm=bv.108194040,d.eWE

>> No.970789

>>970670
Zipf's law?

>> No.970796

>>970786
OP confirmed for faggot

>> No.970797

It's a very steep demand curve with asymptotes at either end.

>> No.970914
File: 43 KB, 390x292, bee.jpg [View same] [iqdb] [saucenao] [google]
970914

>>970786
Thanks for the education OP. So is the value of a dying company an example of Power Law in action or is the resemblance coincidental?

>> No.970918

>>970914
It can be, if you take the value of the company as the y-axis, and time as the x-axis. Groupon is really good example on a 5 year timeline.

However, the above is a shitty way to attempt to apply it. What Thiel talked about - that a few early technology companies will return 100-300x of his investment, several will barely break even and most will be complete losses is a better way to think about this.