Subject: Net Worth of Group
Baybrooke mentioned his estimate of net worth of the group is greater than $100m. I wondered what perplexity thought.
I have one definite data point, mine.
One member made $800k on his BRK in one day, so my estimate is $25m.
There are some retired petroleum engineers or who have spouses that worked for oil majors. Generally highly paid with good pensions.
A few early retirees.
Some living in fairly expensive locations.
Most long term investors.
Group size 50.
Upper bound $30m. Just a guess. A bit bigger than the known sample point.
Lower bound $2m
Result, about $900m total net worth using perplexity.
Very sensitive to the $25m being a random sample point.
Aussi