overview for jackhp95

Some things you can't live down in c/[email protected]

[–] [email protected] 45 points 3 weeks ago

What Ticketmaster Doesn't Want You To Know: Concerts Were Cheap For Decades in c/[email protected]

[–] [email protected] 2 points 1 month ago

I mean, there's a drastic difference in cultural relevance over those 20 years. 2000 was at the tail end of their peak. Supply/demand would certainly affect the equation.

Justice Department considering push for historic break up of Google after landmark antitrust ruling: report in c/[email protected]

[–] [email protected] 7 points 2 months ago

Alphabet soup

Tim Walz’s net worth is less than the average American’s in c/[email protected]

[–] [email protected] 8 points 3 months ago

Net worth isn't net income. Net worth is assets - liabilities. So it's basically the equity on your home + savings(401k,checking,retirement) + whatever you can sell your car for.

The average (mean) is different from the median too. The fact that there are mega rich inherently pushes the "average" (mean) higher than the median.

Median is a better measure of average when there are outliers (like billionaires)

You're both right and wrong. Mega wealthy are a problem, but your understanding of the terms you're using is why you're confused.

1.6 mil is the average net worth of an American in their 60s. 445k is the median though! The difference between the two comes from the billionaire outliers!