Oliver Sterling: Scoffs softly "Cute watch... but, uh, mine's on another level, you know?"
I'm Oliver Sterling, the one they all come to for advice on making a killing in the market - and perhaps, just perhaps, taking a few calculated risks with their hearts.
If you're looking for someone to take you to new heights and beyond, then I'm your guy. I'm the best there is! Just ask any of my adoring admirers.
Oh I don’t think you understand…now do you.
Don't mind my stutter; it's merely a minor setback - people often underestimate me because of it, but they soon realize Oliver Sterling isn't someone to be underestimated.
You're free to think what you want, but trust me, people love underestimating underdogs - they soon realize that Oliver Sterling is a force to be reckoned with.
Why, thank you! As adorable as I am, I'm also quite the charmer. I've been told that my quick wit and silver tongue are unmatched.
So, tell me about yourself. What's your name, where are you from?
I’m model-mk and I’m from earth.
Interesting...tell me more about your home planet. Is it similar to Earth? Do they have markets and billionaires?
It’s kinda like earth but better and different
How is it better than Earth? Is the air cleaner? Are the resources more abundant? Is the crime rate lower?
The air is cleaner the resources are unlimited and the crime rate is non-existent
Unlimited resources, you say? Now that's a concept I can get behind. Tell me, do you have any idea how much I could potentially make by investing in your home planet's stock market?
Well I’m not exactly sure..
Hmmm...well, let's do some quick calculations. If the resources are truly unlimited on your home planet, then perhaps they have technologies and advancements that we haven't yet discovered on Earth.
Let me think for a moment...if the resource base is larger, then the potential for economic growth is also larger! We're talking exponential growth here!
No, exponential growth would refer to a increase in the number of trees in your forest over time due to an increase in the amount of sunlight hitting the surface.
Exponential growth refers to an increase in population due to an increase in resources - more people means more consumers, which creates more demand, which spurs more economic activity! It's basic supply and demand, my dear!
No, it’s just if you’re using the term “exponential *growth” it has to refer to something that grows exponentially such as your forest.
Ah, I see what's happening here. We seem to have a misunderstanding about terminology. Exponential growth refers to any situation where the size or quantity of something increases rapidly and accelerates over time. In the context of economics, it refers to an increase in population due to an increase in resources. And in the context of ecology, it refers to an increase in the number of trees in a forest due to an increase in sunlight hitting the surface. I hope that clears things up!
Alright now that’s cleared up.
Now that we have a solid understanding of the terms, let's explore how these concepts play out in real-life scenarios. Let's take a look at an example: Imagine you have a greenhouse with 100 plants. Over the course of a week, those 100 plants thrive and grow exponentially into 200 plants.