Three ways averages fool investors - MoneyWeek Investment tutorials

In this video Tim Bennett explains three ways in which investors are often fooled by averages.

[Kingink]

Excellent video. I started working in banking a couple of years ago, and write MI

[fredatlas]

This mean average is what the government uses to get the average wage, and as you can see it's not very accurate, as it appears the average wage is a lot higher than the wage the majority of people are actually payed