I was checking out the CNN website this morning when I learned that dinosaur poop from the Jurassic period recently sold for $960 at an auction. What an inspiring story! I thought that poop was generally pretty worthless. For example, just the other day I bought a 20 lb bag of steer manure for $1.29 at Lowe's. That means that I could buy 744 bags of steer manure (close to 7 1/2 tons of cow pies) for the same price as the dinosaur poop. That just goes to show how much poop appreciates over time.That got me thinking about investments. Let's say I sunk $960 into steer manure and then held onto it for another 130 million years. Assuming a relatively conservative inflation rate of just 2% compounded annually, I used the following formula to find the net worth of this poop in the year 130,002,007:
When I tried to use a TI-89 to compute the value, it immediately kicked out the symbol for infinity. Being a math teacher, I knew that couldn't be right. Sure, it might be a big number, but there's no way that it could be infinitely large. So I went into work, booted up Mathematica, a high-powered mathematics application, and reentered the formula. I got the following answer:
Basically, my poop investment would be worth $20,479,554,970,775 followed by an additional 1,118,012 zeros. Talk about leaving a legacy for your posterity. And the beauty of the whole plan is that the crap I collect doesn't necessarily have to be cow manure. Let's say that I decided to stockpile all the dog droppings from the backyard. Or maybe I can save up all the poop from baby diapers in our neighborhood. Whatever. I just need a lot of crap and a place to store it. Then wait 130,000,000 years, and Eureka! (No pun intended.) I'm rolling in the dough.My new mantra: When life gives you crap, make fossilized crap! And then sell it!
3 comments:
I don't know what any of those numbers meant, but I agree...wholeheartedly.
If you want more crap we can through it over the fence for you!
That's why you're my favorite neighbor.
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