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Ep. 10 - Barry Ritholtz on Survivorship Bias, Thinking Independently, and Creating Meaning in Life
The One Percent Show with Vishal Khandelwal
How Do You Calculate Non Farm Pay Rolls?
i love watching sam b c when they have the count down on friday, like it's a blue origen's rocket launch. On an average month, out of a hundred and 60 million people in the labor pool, two million people leave their job. Same thing with non farm pay rolls each month. Any one month as an outlier is a modelling problem.
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