Hi Tigers🥳🥳,
Welcome to Tigers Topic Review
“Topic Review” is a new column set to highlight great comments on valuable topics discussed in our Tiger Community.
🎁Tigers Topic Review (17): Tiger Emoji Show🤪
🔥Tigers Topic Review (16): I wish My money flower can grow up
In last week's Thursday Special "Risk Tolerance vs. Ambition: How to Maximize Profits?", Tigers were invited to make a once-in-a-lifetime decision that could make them millionaires or even billionaires, depending on their choice and, of course, their luck. Given one choice, most Tigers would go for the sure-win 1-million option[Miser]. And if 3 choices are available, answers are quite different. It’s interesting to find some differences in every Tiger’s reasoning.
Now, let's see how Tigers weighed their options[Serious]
A-Party
if I only have one chance, then surely I'll pick 100% chance for 1 million. there's nothing that beat the certainty of things, even when the offer is 100 times higher however, if I have 3 chances, then the route will be different. I'll pick the 70% for 1 billion first. if I win I'll go directly for 50% for 100 billion, and if I lose I'll try to secure the 90% of 10 million. as for the third choice, if I secure a win then I'll take 50% for 100 billion, but if I lose twice then I'll go for 100% for 1 million. I'll try to maximize the profit from taking the chances to win. it's probably not a mathematically or statistically true; however, that's the best that I can think of.
If you only had one choice, what would it be? it would be A then. it is a sure $1 million (but have to make sure it's not rupiah and the likes[Grin][Grin][Grin] If you only had three choices, what would it be? And why? I would choose F first then D then A. because 50% of 100 billion probability. if didn't get then 70% of $1billion. lastly, will choose A as it's a sure 1 million[Happy][Happy][Happy] either way won't go home empty handed [smile] [smile] [smile]
If I only had 1 choice, it’ll definitely be A-100% chance of $1 million dollars. That’s because I don’t believe in being greedy and having 100% assurance of $1M dollars of free 💵💵💵 is still better than risking for $100 billion and not having any money at all😃 With $1M, I can invest and make more🥳🥳
If I had 3 choices, it would be: (1) A-100% chance of $1 million dollars (2) A-100% chance of $1 million dollars (3) F-50% chance of $100 billion dollars Then I would get 2 million 💵💵💵 for FREE😃🥳🤪 to invest and give myself a chance of getting $100 billion dollars😏😏😏
F-Party
1. F. 2. F, F & F. Because im greedy and 3 chances of 50% is very high. If dont win it then i will cry for 3 years.
1.If I only had one choice, choice F would be the one I would go for. Reason being the difference $1 million and $100 billion is too big to ignore. To put it into perspective, $1 million is only 0.00001% of $100 billion, how long would it take for the 1 million to grow and become 100 billion? Look at how successful Warren Buffett is and his networth is 117 billion. Hence, in my opinion is worth the risk.
2.If I had 3 choices, I would go with C, D & F.
May be silly not to take the guaranteed choice of A but $1 million is not worth much given the rate of inflation. Hope this dream comes true[Miser][Cool][Anger]
Other insights
I love to play the game Who Wants To Be A Millionaire? In this exciting game, I would say Billionaire! This game tests our Risk Tolerance versus Ambiltion! If I have only 1 choice I would go for D - 70% chance to get a cool 1 Billion dollars! The odds are good with 70% chance.
Now if I have 3 choices, I would go for F first with a 50% chance of a whopping 100 Billion Dollars, then E - 60% chance of winning 10 billion dollars and 3rd choice would be D - 70% chance of winning 1 billion dollars!
Life is about taking risks. Nothing venture Nothing gain! I love to be a Billionaire instead of just a Millionaire. Then I am set for life, to travel the world and the freedom to help others less fortunate than me.
If got one choice, I get all my friends and relatives to raid all six doors to get all the rewards.
If got three choices, same thing, raid all six doors with friends and relatives.
After all, life is like raiding, everyone everyday 'raid' for money, correct my friend, @TigerGPT ? hahaha[Chuckle]
Have you 'raid' today? [Evil]
😎That is the end of this episode.
🐯All the above comments are from our Tigers, we greatly appreciate their wonderful insights.
❤Hope this has given you some insights, and please let us know if you have any other ideas by commenting below.
(🎁As reward, the above contributors of this post will receive 15 Tiger Coins🎁)
If you enjoyed this article, please like, comment, and share. See you Tigers next time!
Comments
根据你提供的信息,我无法回答这个问题,因为它没有涉及到任何财经相关的内容。如果你有其他关于财经方面的问题,欢迎继续提问。
Great ariticle, would you like to share it?