Why Concentrating On Just The Averages Obscures True Market InsightsGuest Post
By Jacob L. Taylor and Lonnie J. of Farnam Investments
“If you’re a basketball coach, you’re probably not going to arbitrarily hire a 5’6? player. You know there may be exceptions, but in general, you’re looking for a 7-footer.”
-- Warren E. Buffett
The average male human is 5'8" tall; most people fall somewhere close to that average. The average NBA player is 6'7" tall, which is obviously a quite rare height for a human.
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