Yet three of the four have intrinsic value scores up at the 85th to 87th percentiles in their industries.
FORBES: Cephalon, KLA-Tencor Stand Out Among Top Profitability Performers
But then look at whose incomes really have risen: everyone else, the 10th to 70 th percentiles of the income distribution.
We then combine those three scores into one overall PRVit score for each company, and rank companies by percentiles within their industries.
"Turns out the way we implemented the percentile reporting--which counted on different colors to communicate different percentiles--didn't work for color-blind users, " says McDerment.
The takeaway is, pay more attention to raw scores than percentiles, they give you a better window into what raters are thinking about you.
The consensus that gave us the thing a hundred years ago was that the top percentiles should pay and modestly, with everybody else off the hook.
FORBES: Romney's 47% Has a Venerable Legacy in the 1913 Origins of the Income Tax
While it is distressing to consider the people in the bottom percentiles in the United States, the possibility of such wealth at the top should be exciting.
FORBES: To Fix Income Inequality, The Have-Nots Must Become The Do-Somethings
Within that last group, the rate rises from 18.3 percent for the 80th-90th percentiles to 20.2 percent for the 95th-99th percentiles but then dips to 19.6 percent for the top 0.1 percent (and even lower for Buffett, who said he pays just 17 percent).
In late June, for example, PRVit had buys on JC Penney and Alcoa, even though their performance scores were down at the 29th and 39th percentiles, respectively, in their industries, and sells on Whole Foods and Furniture Brands, with performance scores at the 92nd and 77th percentiles.
应用推荐