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An interesting question

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Money Talk > Earning & Income

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Rolo
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I have a six-shooter. I load three bullets into it and spin it. I point it at your head and you see my pulling the trigger....

...Still think 50/50 are good odds?

"Expect me when you see me."
Post Wed Oct 19, 2005 1:52 am
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jlee1224
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Obviously not.

Outcome 1: You shoot blank. 1/2 chance. I live.
Outcome 2: You shoot bullet. 1/2 chance. I die.

EV of not you shooting: 100% living.
EV of you shooting: 50% living.

Obviously you not shooting is better. But I do not see the correlation between this and the question before.
Post Wed Oct 19, 2005 1:42 pm
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Rolo
Yo' Daddy


Cash: $ 309.70

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Location: Colorado/Florida
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quote:
Originally posted by jlee1224
I do not see the correlation between this and the question before.


People will see what they want to see in a given context. 50/50 sounds "good" in one context yet "bad" in another when they are identical odds.

It's all emotion. This is why people buy lottery tickets. Confused

"Expect me when you see me."
Post Thu Oct 20, 2005 12:29 am
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cpj3898
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No way  Reply with quote  

Take the 8k to your closest financial advisor!
Post Thu Oct 20, 2005 5:01 pm
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mailboy6
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Depends on how much I'm risking if you ask me.

Here's a sure bet though...
Post Sat Oct 22, 2005 2:20 am
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paul80424
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Full On  Reply with quote  

I risk it! I don't hesitate. Life is short, and I believe in myself. If I don't know the answer. I know I can earn that in my efforts. It's only money, and taking that kind of risk is a adrenaline (don't think I spelled it correct)rush. Life is too much fun to go by easily!

What's the question?

Paul
Post Sat Nov 05, 2005 12:40 am
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Rolo
Yo' Daddy


Cash: $ 309.70

Posts: 1551
Joined: 13 Mar 2005
Location: Colorado/Florida
Re: Full On  Reply with quote  

quote:
Originally posted by paul80424
I risk it! I don't hesitate. Life is short, and I believe in myself. If I don't know the answer. I know I can earn that in my efforts. It's only money, and taking that kind of risk is a adrenaline (don't think I spelled it correct)rush. Life is too much fun to go by easily!

What's the question?

Paul


Bahaha...an illustration in recklessness.

"Expect me when you see me."
Post Sun Nov 06, 2005 11:36 pm
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