Birdwatch Archive

Birdwatch Note Rating

2023-01-13 00:41:32 UTC - SOMEWHAT_HELPFUL

Rated by Participant: A85F927C9E2230CA97A16F2D42A0863AE8F865C26076FFD7493E49F75D5CC756
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Original Note:

In the article, he says: “A “basis point” is just a percentage point. It has the exact same meaning” However, this is incorrect: basis points are 100x smaller: they are 1/100 of a percentage point. https://www.investopedia.com/ask/answers/what-basis-point-bps/ https://en.m.wikipedia.org/wiki/Basis_point

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All Information

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