zachvac
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- #51
Crummy said:2. Yeah you could have made more, but you wanted to be greedy and get what you could at the time instead of seeing how the cards played out.
Here's a deal. I have a 60/40 coin I'm going to flip ok? If it lands on the 40%, I will pay you $500. You negotiate a deal. You get $300 no matter what and only $100 if the 40% comes up.
ev:
1. .4*500 = $200
2. 300+.4*100 = $340
Clearly #2 is more lucrative. But say you win. Why'd you take #2? If you had just seen how the coin landed you could have gotten $500 instead of just the $400 you got with #2.
Do you understand how you are being results oriented and how your logic is extremely bad? Would you take #1 in this example?
