Physics can help us all understand numbers and therefore money better with a little effort.
Take the meteor that exploded over Russia recently. Until it entered our atmosphere it was just a random asteroid cruising for burgers in space. Once it entered our atmosphere it became a meteor according to… well, us! Once it exploded and hit the ground then it became a meteorite. Meteorites are quite valuable. But imagine if you could catch it before ground contact, when it was still a meteor! It would be invaluable. But you would need an un-obtainium catchers mitt to snag it since it was moving at about 33,000 miles per hour. That’s 550 miles a minute or a bit over 9 miles per second.
What would it be worth? Let’s say it is the size of a baseball and still being a meteor (you can’t let it touch the ground,remember) you get oh, $200 million for it. What a windfall! Especially if your classified as middle class by the Government ($250,000/year & under).
For perspective, we can use the same math comparing Berkshire-Hathaway’s aquisition of Heinz. The CEO had to go, in the change, so he was given a “Just Go Away Bonus” of $200,000,000. Now don’t get me wrong here – everyone should be compensated handsomely for their work, and he was. So, he could buy it with his bonus and still live off the savings from his yearly salary!
But, how much is $200,000,000 really.
Look at it in the time frame of a year, a day, an hour, a second. Like the speed of the meteor.
$200,000,000 divided by 365 = $547,945 per day! Guess that bumps him outta middle class zone. Or, in better middle class terms, thats $22,831 per hour. Overtime, at time-and-a- half, is a killer. Or $380.52 per minute.$6.34 per second! Almost as much as a meteor travels in a second.
Hell, that guy made almost as much in 1 second as the standard minimum hourly wage in the U.S.
I don’t use ketchup, but I’ve heard people in Philadelphia and Utah talk it up.
Maybe, I’ll try some soon…
In the meantime, I have some really well designed catchers mitts, with unusual properties. Call for pricing.