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Later, in Chapter 23, we'll dig more deeply into this cruel joke, seeing how it's possible to lose money on an investment, and on the opposite of that investment too! The example of overbetting on coin flips gives us an insight into this; strategies of betting 75% of wealth on heads every flip will lose money under most possible outcomes of flips, such as the most likely case of flipping 15 heads and 10 tails.
The Missing Billionaires
Victor Haghani and James White
For businesses, this means that services that can grab and hold consumers’ attention for longer will be rewarded. For consumers, it means that we will have to be ruthless in our relationship with technology. Business best practices are not equivalent to consumer best interests.
The Addiction Economy
every.to
They kind of care about money, but mostly they wish you would shut up and be civil.
I've Now Been Asked Mult...
@yishan on Twitter
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