A 50% chance at $10M is worth $5M.... That's a lot more than $100k. You'd be INSANE to take the $100k.
You are viewing a single comment's thread from:
A 50% chance at $10M is worth $5M.... That's a lot more than $100k. You'd be INSANE to take the $100k.
Call me insane then because I would definitely take the $100k.
But that's because I fundamentally disagree with the premise that a 50% chance to recieve X is worth one-half of X.