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adamc
on March 31, 2014
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How Everyone Got the Top 1% Wrong
What percentage of the 1% ever "churn" into the 0.01% at all? Churn makes it sound like it might be random, but I don't think that is demonstrated.
sigil
on March 31, 2014
[–]
If the 1% don't churn into the 0.01% when it loses 75% of its members, then where do the replacements come from?
I agree though, longitudinal studies are the most interesting.
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