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Old 11-08-2005, 03:29 PM
microbet microbet is offline
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Join Date: Jan 2005
Location: Southern California
Posts: 1,360
Default LC, OT, BP (bad post) about variance and life

I was reading an article about 200 "bad" lenders. They are recognized as bad because they have received a lot of complaints. They constitue about 2% of all lenders in their class. Now if all lenders were equally good/bad/honest, the 2% with the most complaints would look pretty awful anyway.

Another example is when 3 people on some block get cancer some people have a hard time allowing for variance as a possibility.

Anyway, I'm sure most of you have thought about this. Also, I told you it was a bad post, so if you read it and are mad, don't say I didn't warn you.
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