I’m pretty sure that is not correct, see https://www.maximumcompression.com 
<https://www.maximumcompression.com/>

Most lossless text compression is > 85 %, and if you use lossy compression 
(images, audio) it can be 100:1

> On Nov 29, 2018, at 2:39 PM, Daniel Kortschak <dan...@kortschak.io> wrote:
> 
> In the majority of cases compression does not reduce the number of bits
> of information (appreciably).
> 
> On Thu, 2018-11-29 at 08:35 -0600, Robert Engels wrote:
>> And since you like lingo, more bits of information is not always a
>> good thing. That’s why we have compression, and lossless compression
>> of fixed.Fixed to Fixed is pretty good in my book. 

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