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KimchiNinja
Joined: 01 May 2012
Location: Gangnam
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 Posted: Sun Aug 17, 2014 9:24 pm Post subject: Re: Will Korea's ESL market implode? |
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| byrddogs wrote: |
| I can see what you did. Everyone sees it. |
I checked the math, that's what I did. Hopefully everyone sees that.
This seems like a weird conversation. |
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byrddogs
Joined: 19 Jun 2009
Location: Shanghai
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| Posted: Sun Aug 17, 2014 9:27 pm Post subject: Re: Will Korea's ESL market implode? |
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| KimchiNinja wrote: |
| byrddogs wrote: |
| I can see what you did. Everyone sees it. |
I checked the math, that's what I did. Hopefully everyone sees that.
This seems like a weird conversation. |
It is a weird conversation. One that spiraled into talks of doing drugs, no less. That is weird. Who brought that up, btw? |
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KimchiNinja
Joined: 01 May 2012
Location: Gangnam
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| Posted: Sun Aug 17, 2014 9:29 pm Post subject: Re: Will Korea's ESL market implode? |
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| byrddogs wrote: |
| It is a weird conversation. One that spiraled into talks of doing drugs, no less. That is weird. Who brought that up, btw? |
Who said stuff that made one think they must be on drugs? |
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byrddogs
Joined: 19 Jun 2009
Location: Shanghai
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| Posted: Sun Aug 17, 2014 9:31 pm Post subject: Re: Will Korea's ESL market implode? |
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| KimchiNinja wrote: |
| byrddogs wrote: |
| It is a weird conversation. One that spiraled into talks of doing drugs, no less. That is weird. Who brought that up, btw? |
Who said stuff that made one think they must be on drugs? |
The guy that uses 'you guys' did. |
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KimchiNinja
Joined: 01 May 2012
Location: Gangnam
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| Posted: Sun Aug 17, 2014 9:32 pm Post subject: Re: Will Korea's ESL market implode? |
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| byrddogs wrote: |
| KimchiNinja wrote: |
| byrddogs wrote: |
| It is a weird conversation. One that spiraled into talks of doing drugs, no less. That is weird. Who brought that up, btw? |
Who said stuff that made one think they must be on drugs? |
The guy that uses 'you guys' did. |
Do you normally calc CAGR while on drugs? |
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byrddogs
Joined: 19 Jun 2009
Location: Shanghai
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| Posted: Sun Aug 17, 2014 9:33 pm Post subject: Re: Will Korea's ESL market implode? |
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| KimchiNinja wrote: |
| byrddogs wrote: |
| KimchiNinja wrote: |
| byrddogs wrote: |
| It is a weird conversation. One that spiraled into talks of doing drugs, no less. That is weird. Who brought that up, btw? |
Who said stuff that made one think they must be on drugs? |
The guy that uses 'you guys' did. |
Do you normally calc CAGR while on drugs? |
I don't do drugs. |
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cmxc
Joined: 19 May 2008
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| Posted: Mon Aug 18, 2014 12:29 am Post subject: CAGR of -3.1% is correct |
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1) While I am not an English teacher, virtually everyone from the West living and working in Korea that isn't Korean ends up teaching English in one way or another, which is why I feel comfortable posting on this discussion board.
2) My original CAGR calculation is correct.
Here is the calc
(457,517/831,182)^(1/19)-1=-0.030934313
For simplicity I rounded up to -3.1% |
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KimchiNinja
Joined: 01 May 2012
Location: Gangnam
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| Posted: Mon Aug 18, 2014 12:52 am Post subject: Re: CAGR of -3.1% is correct |
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| cmxc wrote: |
My original CAGR calculation is correct.
Here is the calc
(457,517/831,182)^(1/19)-1=-0.030934313
For simplicity I rounded up to -3.1% |
Oh, you have population numbers out to whole numbers, I used the rounded figures in your original post.
Thanks for clarifying, when English teachers post math I just assume they are wrong, but clearly you are not an English teacher. |
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byrddogs
Joined: 19 Jun 2009
Location: Shanghai
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| Posted: Mon Aug 18, 2014 12:56 am Post subject: Re: CAGR of -3.1% is correct |
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| KimchiNinja wrote: |
| cmxc wrote: |
My original CAGR calculation is correct.
Here is the calc
(457,517/831,182)^(1/19)-1=-0.030934313
For simplicity I rounded up to -3.1% |
Oh, you have population numbers out to whole numbers, I used the rounded figures in your original post.
Thanks for clarifying, when English teachers post math I just assume they are wrong, but clearly you are not an English teacher. |
LOL at this guy. |
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KimchiNinja
Joined: 01 May 2012
Location: Gangnam
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| Posted: Mon Aug 18, 2014 1:21 am Post subject: Re: CAGR of -3.1% is correct |
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| byrddogs wrote: |
| LOL at this guy. |
I wouldn't laugh if I were an English teacher who had selected a rapidly shrinking market. |
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byrddogs
Joined: 19 Jun 2009
Location: Shanghai
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| Posted: Mon Aug 18, 2014 1:24 am Post subject: Re: CAGR of -3.1% is correct |
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| KimchiNinja wrote: |
| byrddogs wrote: |
| LOL at this guy. |
I wouldn't laugh if I were an English teacher who had selected a rapidly shrinking market. |
The joke is on you. |
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KimchiNinja
Joined: 01 May 2012
Location: Gangnam
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| Posted: Mon Aug 18, 2014 1:31 am Post subject: Re: CAGR of -3.1% is correct |
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| byrddogs wrote: |
| The joke is on you. |
Doesn't make sense. You post a lot of stuff that doesn't make sense... |
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robbie_davies
Joined: 16 Jun 2013
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| Posted: Mon Aug 18, 2014 1:37 am Post subject: Re: CAGR of -3.1% is correct |
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| KimchiNinja wrote: |
| byrddogs wrote: |
| The joke is on you. |
Doesn't make sense. You post a lot of stuff that doesn't make sense... |
Globally, it is very much an expanding market. |
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KimchiNinja
Joined: 01 May 2012
Location: Gangnam
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| Posted: Mon Aug 18, 2014 1:40 am Post subject: Re: CAGR of -3.1% is correct |
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| robbie_davies wrote: |
| KimchiNinja wrote: |
| byrddogs wrote: |
| The joke is on you. |
Doesn't make sense. |
Globally, it is very much an expanding market. |
That makes sense.
If I were an English teacher I'd move to an expanding market, start a bunch of schools, and get filthy rich. |
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Chia Pet
Joined: 23 Jun 2013
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| Posted: Mon Aug 18, 2014 3:35 am Post subject: Re: CAGR of -3.1% is correct |
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| KimchiNinja wrote: |
| robbie_davies wrote: |
| KimchiNinja wrote: |
| byrddogs wrote: |
| The joke is on you. |
Doesn't make sense. |
Globally, it is very much an expanding market. |
That makes sense.
If I were an English teacher I'd move to an expanding market, start a bunch of schools, and get filthy rich. |
Does anyone know what country would let a foreigner legally start a school (without a huge sum of money to put down for an investor's visa)? I don't think China fits that bill. |
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