As many of you have pointed out, the JP Morgan chart we posted earlier was entirely divorced from even a remote understanding of geometry. We have undertaken to correct the “off by one dimension” error, but owning to time constraints, we are only able to bring you the correction for Citigroup.
Also: FT Alphaville, suckered by the original, has issued a correction, but their’s is much less fun.
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not sure i wanted to be first…
Funny shit… I’m scared.
Well done.
Is there anyway you can put this picture of Slikram right smack in the center of that geometric illustration?
http://zarubezhom.com/Images/Vikram_Pandit_CEOofCitigroup.jpg
That would be f-in hilarious…(inside joke)
I want to see this in 4-D. Please construct a hypercube representation.
Was that done in MS Paint?
this is still way, way off. you need to take the cube root of 255 and 19. that will give you dimensions for the length, height, and depth of the old mv and new mv, respectively, cubes.
@7 Really?!
Opacity of the blue should be increased to get a real feel for how emasculated the red is. Alternatively if you were feeling even more creative you could have used planets: three guesses for which would represent 1/20 C.
Additionally, instead of count vikula, you could use the goatse guy. Would be appropriate, albeit nsfw.
@7 Really?!
@7 is correct. These are off more than the circles.
The sides of the cubes should have a ratio of 2.66:6.34, or about .42.
@7: That’s absurd.
@11: That is also absurd.
pi, dude.
fucking pi.
Muffie!
And we thought you were dead.
I miss Muffie
@7 and @11 – go back to the bubble chart and dreaming of testicles, fucknuts.
@12 & 13 – I’m an excellent muff diver, honey :)
this is still way off. 19 goes into 255 about 13 times, but that red cube doesn’t look like 1/13 of the volume of the blue (it looks more like 1/1000). so there was a huge reduction in market value, but an even greater amount of fear-mongering to get the corrected graph.
http://www.lehighvalleylive.com/newsflash/index.ssf?/base/news-70/1232647799250050.xml&storylist=penn
ep, even though you may be mathematically handicapped, your improved use of the ‘continue reading’ function has been noted and appreciated.
thank you,
the hall monitor
You go EP with that Excel/Powerpoint art. *snicker*
@17 and Muffie: if you cannot understand math, just go sit quietly in the back of the room.
Mathematically-challenged or math-phobic people like you populated the mortgage companies and ratings agencies and got us into this mess in the first place.
“Sure we gave them triple-A. You should see how big their profit cubes are!”
It looks like a cube in a cube, but really, it’s like a big middle finger from EP to all the whiners.
nice tag, I bet that comes in handy again
11 is right
you are all idiots
ratio is 1:2.376 in the case of C
for you total morons that means the larger box should be 2.376x larger than the small one on all sides, not 100x larger as in EP’s chart
@19 The prize for making the same mistake the third time is… everyone else being too tired to insult you specifically.
to make a cube with a volume of 255, the side should be 6.34.
to make a cube with a volume of 19, the side should be 2.66.
6.34 is about 2.5 times bigger than 2.66. Thus the diagram is wrong.
P.S. to make a circle with are of 255, you need to draw on with the radius of 9.01, which is sqrt(255/pi)
What the
RHOMBUS!
the 255 and 19 volumes don’t even matter – it’s the ratios…as long as it’s new volume equals ~7.5% the old volume. Who cares about 6.34 or 2.66?!?! Who even cares about any of this math anyway? POINT: BANKS = DISAPPEARING VALUE
To emphasize the error, render the translucent box in perspective, with the 19-box way in the back corner.
7, 11, etc.
It’s a joke people.
@23 “profit cubes” = I laughed out loud at my desk
@23 – I was just trying to impress Muffie and get in her panties. No hard feelings.
wrong 23. it was the backwards looking models that came from math nerds such as yourself that is primarily responsible for RMBS etc
Two takeaways and a question.
1) The original chart originated at JPM. If said organization cannot do simple math, how could they possible value complex structured securities?
2) If this chart was widely circulated among the finance community and only 20% of people realized there was an erorr, how could their respective organizations possible value complex structured securities?
Is Muffie EP?
@37 thank you–
This is how banks got levered 30:1… they were using pie charts.
@37 I ate my pie chart the moment I got it. That way, my manager could not ask me any questions, as I had not read it.
I kind of like it when EP slaps back. Is that wrong? EP, slap me again, mother.
Ohhhh it’s a joke. I get jokes.
I think it would have more accurate to portray the current market cap as a single, lonely blue pixel in an endless sea of red, but that’s just me.
TED
mmmm pie(charts).
-HJS
@7 & @ 11 are completely right. However, the point is being missed! Unbelievably, FT Alphaville got the charts wrong by a square factor. Now, dealbreaker makes a joke by purposely posting a ‘revised’ chart which is wrong by a cube factor!
@7 & @ 11 are completely right. However, the point is being missed! Unbelievably, FT Alphaville got the charts wrong by a square factor. Now, dealbreaker makes a joke by purposely posting a ‘revised’ chart which is wrong by a cube factor!
So you fail at math & English: theirs.
@23
Muffie is EP. But you knew that as well as you knew this correction was a joke, right?
@47, Yes “We” know that EP is Muffy. The issue is that we are surprised with the ratio of Muffy we are experiencing verses the ratio of EP we expect.
Is Muffy knocked up again?
@47 oh and 48 is not 23…
sorry…
48
Too dimentional, didn’t read.
- JJM