WHC 0.28% $7.16 whitehaven coal limited

Target $18.72, page-767

  1. 7,765 Posts.
    lightbulb Created with Sketch. 2353
    Mathematics is a beautiful thing. Do you understand how averages work?

    My comment relates specifically to tail events being fatter, both at the top and bottom. You can have exactly the same average but have higher frequencies of boom and busts. Which I can guarantee you is this case.
 
watchlist Created with Sketch. Add WHC (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.