The dilemma of a lifetime!

pele23 in LeoFinance • 28 days ago

All or nothing

There are questions someone asks himself, where 99,9999 % can’t answer. But this one interest me incredibly. What would you do, if you were offered 1 million EUR or Dollar, and the other option is a 50 % chance to 100 million EUR of Dollar. In my opinion a very difficult question to answer. As you have a certainty to nice money and 50 % chance to FU money.

What would you do? I would completely go for the 1 million, as I know what to invest in. And I think I could turn it into FU money quite fastly!

I guess we’ll never know as it is all hypothetical!

Sincerely,

Pele23

Posted Using INLEO

#economy #Vyb #bbh #cent #creativecoin #Proofofbrain #Archon #Lassecash #Neoxian

28 days ago in LeoFinance by pele23

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definethedollar 28 days ago

The expected value is 1 x 1,000,000 = 1,000,000 versus .5 x 100,000,000 + .5 x 0 = 50,000,000. Mathematically, the second is clearly the better option. That being said, I'd take the sure thing. 😆

!PIMP
!PIZZA

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3 votes

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borsengelaber 28 days ago

😂 That’s a good example of theory (math) and the real life. 🤝🏻

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5 votes

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pokermaria 28 days ago

I wouldn't pick any. But I would sell this option to a millionaire, billionaire for 5M.

It would be a perfect deal, I would feel as a winner and the buyer, too.

Anyway, the pick depends on the size of the people's pocket, so pretty sure, here everybody would take that 1m.

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2 votes

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pele23 28 days ago

Smart move, very smart indeed!

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borsengelaber 28 days ago

Completely agree. 1M is lifechanging Money and a good investor can double and triple that easily over a couple of years. A sure ticket to an everlasting fortune if you stay humble and don’t start throwing your money out of the window (as we say in Germany).