The Stunning Power of Being a Tiny Bit Better Than Average

  • 1% better every day for a year compounds up to a 3778% improvement!
  • 1% worse every day for a year compounds down to a 97.5% decline!
  • 100 “participants”
  • 100 trials per participant
  • Each person has a random “performance” in each trial**
  • Except that our one lucky participant is a little better than average every time. In each trial, they finish 51st — just better than average.
  • Every trial was randomized between 0.50 and 1.50
  • The “little bit better” participant consistently scored a 1.01. Just better than the 1.00 average.
  • Trials were cumulatively multiplied together (similar to how investing returns work) and then ranked.

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