When I first read this I thought it was a joke. However as I read it more I guess it is not. Here's what I think I can say in general about the calculation. First in no way could I explain just why they came up with some of their numbers or why they picked the number 50 for m. However the general idea is that they want to account for more than just the star values, they also take into account the ranking within the top 100, or 5o with prep and JC's, and the rankings of a player within his position. So the more players you have ranked higher in the top 100 or position rankings the closer you reach your maximum score. That determines what percentage of the maximum and minimum number you get that makes up your final number. The number n/(n + m) + m/(n+m) always equal 1, or 100%. So what these two numbers are doing is dividing each teams score into two pieces that determine what percentage of the High and Low number each team would get. For instance if n/(n+m) is .93 then m/n+m) will be .07. What this means is a team with those two numbers would get 93% of their High number and 7% of their Low number for their final score. I am not sure whether you really expected an answer from me or not, but there it is anyway. If I look foolish for making the analysis that is ok too! :wink: :wink:
You distilled it down to something manageable for us Bill!! Thanks. Sid: I'm no longer considering you to manage my foundation!! Terry
Let me say something more for Sid! All that m and n stuff just decides how close you can come to your maximum value, and that is decided by your star average, how many top 100 players you have and how many players you have ranked high in their position. The more of and higher of each the closer you can get to your maximum. I hope that makes it perfectly clear Sid????? :twisted: :twisted: :twisted:
Terry, Let me work on that. I'll get back to you. I use math every day in my financial analysis work (MS Excel), but those formulas elude me. Terry, given the sheer size and scope of your foundation I would recommend a more sophisticated approach to your investment philosophy than what I could provide. :roll: