On Nomenclature - Part 1

Is algebra arithmetic?



I don't remember what kinds of grades I got in algebra in junior high, but I don't think they were that great. Now that the other month I learned how a "=" could really open up microsoft excel, I find myself thinking from time to time that I wish I was better at algebra.

I think I saw somewhere that Warren Buffett talked about algebra once. I recall that he said that algebra is really all the math most people need to know. But that it is very important to be facile with algebra. Having just spent too long figuring out how to calculate a gross purchase price from an assumed implied valuation, I agree with him.