July 16, 2011

The law of average

Even if you are from the section who is not to be blamed but because you form part of a group where majority are at fault then it stands irrelevant if you are right or wrong! You get averaged off. Your performance as an individual may be appreciable but being part of group you ought to listen to something which is not applicable to you. But then that's the way it goes as well. No one could be blamed for this as well. Average is average it gives the result of majority's performance and sometimes individuals cannot be given importance. Accepting this fact is important though. So if you are a highly bullish performer but still if other major shares are bare then sensex is to show a downward trend. (If talking in financial terms then this example could be very well considered. ;))
Same goes with humans as well.
The law of average is indifferent!

No comments: