StockFetcher Forums · General Discussion · Wonder if this works with stocks ?? << >>Post Follow-up
four
3,394 posts
msg #130189
Ignore four
7/31/2016 1:27:15 PM

In Douglas Hubbard’s book “How to Measure Anything: Finding the Value of Intangibles in Business”[affiliate], he presents a method of putting bounds around fuzzy issues in a way that helps you clarify your thinking. He calls it the Rule of Five.

Making Great Estimates with the Rule of Five

Hubbard says that if you collect five random samples, then you can be 93% certain that the median (let’s call it the most likely answer) will be between the smallest and largest result. In other words, with just five survey results, you can define the range in which your “most likely answer” lives.

http://leadinglandlord.com/rule-of-five-landlord-tips/

StockFetcher Forums · General Discussion · Wonder if this works with stocks ?? << >>Post Follow-up

*** Disclaimer *** StockFetcher.com does not endorse or suggest any of the securities which are returned in any of the searches or filters. They are provided purely for informational and research purposes. StockFetcher.com does not recommend particular securities. StockFetcher.com, Vestyl Software, L.L.C. and involved content providers shall not be liable for any errors or delays in the content, or for any actions taken based on the content.


Copyright 2016 - Vestyl Software L.L.C.Terms of Service | License | Questions or comments? Contact Us
EOD Data sources: DDFPlus & CSI Data Quotes delayed during active market hours. Delay times are at least 15 mins for NASDAQ, 20 mins for NYSE and Amex. Delayed intraday data provided by DDFPlus