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Wednesday, 30 May 2012

May business report

Posted on 22:00 by Unknown
A month ago I posted my first report. It was ambitious as I grew from 3 to 16 B in a month. 460M/day for a 3 months old character is pretty great. At the end there was a chart predicting that I'll be a trillionaire in a year.

Here I am again with much less ambitious report. The daily income grew to 580M/day. Not bad at all. But it won't make me a trillionaire in a year for sure. Also, the linear fit is almost as good as the second-order, saying that probably I flatted out:
However there are two things that suggest that it's not the case. The first is the missing points in the middle, that was a weekend holiday when I did not log in for two days (the third point is missing because I updated on Monday afternoon and I always save the morning results). If we cut out these two days from the chart, both the linear and the second-order fit become better, but the second-order improves much more:
Secondly the last points are significantly above the fits. My newest, yet experimental business is starting up, and I also started trading in Hek. While it can turn out to be a bump, I have every reason to believe that it's a trend. Anyway, I plotted the predictions with both first and second order (black and red) fit, with or without (thin and thick) 2-days correction, up to my first birthday:
Let me point out how perfectly these charts show the No1 rule of investment: little differences in the start make huge differences at the end. Those two days of slacking can mean 20B+ difference in a year.

How much will I actually have? Like with every prediction, only time can tell. What can surely be claimed is that the last month I made 17.5B which is about the price of a supercarrier. If I wanted to get the same ISK by PLEX, I had to pay 1.5x the minimal wage of my country. Maybe not stellar, but nothing to be ashamed of either. After all I doubled my assets in the last month. A clear proof that trading works and provides very good returns. If we add that I started to post the detailed results of what I was doing, we can clearly see that I'm not a single special snowflake doing something extraordinary. I'm doing something that any of you can do: even with the lowest prediction, have the cost of a titan in a year.

Of course if you love ratting, keep doing it. But if it's just a "must be" activity for getting ISK, start trading already!


PS: someone on the goblinworks channel suggested me that if I want to fly logi, triage carrier and Rorqual, maybe I should start my nullsec life in WH and not K. A WH corp could use a Rorqual much more and WH is less likely to get dropped by someone who just want a random capital kill. What do you think? Shall I consider that route?

The business report of today is not included in the chart, 33.0B. (0 PLEX behind for second account, 1.1B spent on Logi/Carrier/Titan alt)
Don't forget to join the goblinworks channel to discuss trading and industrial ideas and laugh on the morons of the day (50-80 people on peak hours).
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