Distribute currency log easily

Aug 6th, 2022
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How to distribute currency log

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Bill Gates owns more land than all of the entire city of New York. Jeff Bezoss land is double the amount clocking in at 420,000 acres. John Malone, the largest private landowner in America, owns 2.2 million acres all by himself a landmass slightly smaller than the island of Puerto Rico. America is enormous, yet 100 of the richest and largest private landowners in America own 1.86% of all the land available in the United States, the majority of their land being forests, ranches, and farmland, Some people like myself find farms beautiful and peaceful and nice place to live. Land is only getting more valuable. In the mid 1990s, farmland was valued at less than $1,500 an acre adjusted for inflation. By 2020, that number had grown to $3,160 an acre. Its expensive. So if somebody is desiring land, it is primarily people of wealth who can afford it. Institutional capital is growing and its becoming a bigger piece of the market. Its about a $3 trillion asset class when you look at the w

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Therefore log returns have a normal distribution. That applies to individual assets. The returns of an index which is the weighted average of a number of assets has even more reason to be normal.
A lognormal distribution is a distribution that becomes a normal distribution if one converts the values of the variable to the natural logarithms, or lns, of the values of the variable. For example, consider a stock for which the expected increase in value per year is 10% and the volatility of the stock price is 30%.
The lognormal distribution is used to describe load variables, whereas the normal distribution is used to describe resistance variables. However, a variable that is known as never taking on negative values is normally assigned a lognormal distribution rather than a normal distribution.
Lognormal distribution of a random variable If X is a random variable and Y=ln(X) is normally distributed, then X is said to be distributed lognormally. Similarly, if Y has a normal distribution, then the exponential function of Y will be having a lognormal distribution, i.e. X=exp(Y).

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