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Author Topic: New Understanding Your Returns Chart

j
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New Understanding Your Returns Chart
OP: November 15, 2016, 12:00:00 AM
I guess with so many dots that look negative now they didn't want people seeing the dots as clearly.

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l
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  • Sr. Member
  • Posts: 323
New Understanding Your Returns Chart
#1: November 15, 2016, 12:00:00 AM
Scale changed too. It used to only go to -5% and now it goes to -15%
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T
  • Posts: 6588
New Understanding Your Returns Chart
#2: November 15, 2016, 12:00:00 AM
I'm crazy busy until after thanksgiving, but I'll add a super sized chart to the compare page.  If I don't do it by early Dec someone bump this to nudge remind me :)
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a
  • Posts: 32
New Understanding Your Returns Chart
#3: November 15, 2016, 12:00:00 AM
Notice how things went started going bad ~24 months ago, i.e. when they went public.  I've said it before, but basically after they went public, in an attempt to maintain their insane growth, they drastically lowered lending standards.
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L
  • Posts: 241
New Understanding Your Returns Chart
#4: November 15, 2016, 12:00:00 AM
Wish the chart went past 30 months.  Out of focus is ridiculous! 

The only reason I haven't been investing is what you said, apc3161, about the lowered loan standards.  All the new loans for sale have at least two characteristics similar to loans I already sold (sold because they went Grace, if not BK for no apparent reason).  Am not going to buy more just like them, and am proactive now about selling what I wouldn't buy today, before lateness happens to questionable currents.
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T
  • Posts: 6588
New Understanding Your Returns Chart
#5: November 15, 2016, 12:00:00 AM
After lascott noted that the scale changed that's probably why it went fuzzy.  If I had to guess.  So not as bad I guess.  Still sucks.
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i
  • Posts: 10
New Understanding Your Returns Chart
#6: November 15, 2016, 12:00:00 AM
It's only a matter of time before LC removes this chart completely or changes it drastically.  LC does whatever it can to keep a rosy picture even if it means a very blurry picture and misleading information to their investors.
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r
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New Understanding Your Returns Chart
#7: November 16, 2016, 12:00:00 AM
When I first started, they used to compare you vs peers for return performance.  It didn't stick around for very long if I recall correctly
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E
  • Posts: 51
New Understanding Your Returns Chart
#8: November 17, 2016, 12:00:00 AM
Annoying. I'm not going to put in time trying to read the JS to see if there's a technical reason that the scale change would cause the fuzziness.

But if changing the scale helps to remind the naive that they CAN lose money with P2P lending, it's a good thing.

Edward
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R
  • Posts: 484
New Understanding Your Returns Chart
#9: November 18, 2016, 12:00:00 AM
Unless its changed recently LC uses the commercial graphics package FusionCharts  (Javascript version). It's a very good package and handles most if not all the graphics displayed on the LC website. Maybe the package has a "fuzz my dots" option; I really don't know. Both the chart and a whole lot of the accounts are pretty ugly now. Still, much better than nothing. If they took it away I'd really miss it.
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New Understanding Your Returns Chart
#10: November 18, 2016, 12:00:00 AM
For all I know, those dots under the 0% line could have made greedy-in-a-bad-way decisions and could deserve to lose money / learn a lesson.  I think the asset class has been dumbed down a tremendous amount, for a long time, in order to have broad/mass appeal - but the time has probably come that it functions more like a marketplace, where people take their lumps (or dots) for making bad allocations.

Of course, I was quite happy with the way Prosper 1.0 worked, and came out of that okay, even though "most people" did not "do well".

The training wheels are off the bike - dress accordingly or wind up with skint elbows and a cracked dome.  That chart is a clear warning...
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