Risk Tolerance vs. Ambition: How to Maximize Profits?
Welcome to Thursday Special!
Imagine you're standing at the crossroads of a once-in-a-lifetime financial decision. There are six doors before you, each leading to a potential windfall.
Which probability will you choose to win money?
A. 100% $1 million
B. 90% $10 million
C. 80% $100 million
D. 70% $1 billion
E. 60% $10 billion
F. 50% $100 billion
If you only had one choice, what would it be?
The answer may vary, but we guess most people will choose A, and some may bet on F.
Now, let's take it a step further. Imagine you have three chances to pick, and your choices are allowed to be repeated. What strategies would you employ?
Based on the question, you will discover where you stand on the risk spectrum.
Are you more of a risk-taker who thrives on challenges, or does the idea of a guaranteed million dollars sound like a dream come true?
Don’t forget to ask your friends to join the test and check if you have the same answers~🚀💰🎲
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If you only had one choice, what would it be?
If you only had three choices, what would it be? And why?
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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😏😏😏
@SR050321 @CYKuan @rL @HelenJanet @BenjiFuji @melson @SirBahamut @pekss @Universe宇宙 @GoodLife99 @Jadenkho @Kaixiang @SPOT_ON @b1uesky @MHh @Success88 @StickyRice @StarLuck @Zeniv @amroui @Zarkness @MasterStonker @Kok @CL_Wong @icycrystal @Shyon @Bons @intheloop @grizzlylee @FrankieRed @VonCat @Ericdao @Joker_Smile @xXxZealandxXx
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]
leave valid comments in the comments section will receive Tiger Coins [smile] [smile] [smile]
Has to be A. 100% is sure win. Of course, go for the sure win. Can you imagine if become the minority percentage that didn't get anything? Something is better than nothing!
@Kaixiang @Universe宇宙 @rL @DiAngel @SPOT_ON @SR050321 @Success88 @Kaixiang @AliceSam @Fenger1188 come join
Well, if I only had one choice, I will go for B. A sounds good but a probability of 90% to enjoy 10 times more reward is very worth. Based on the risk reward ratio, it's a definite go for B!
In the other hand, if I got three choices, I will choose D first, with 70% chance to get 1 bil. If I won, I will aim bigger and bigger. So my answer will be D E F.
However, if I fail to win in the first D. My answer will be D B A. No matter what, I will get a minimum reward back, as my consolation prize to offset my disappointment. Haha. How about you? Come and share your choice guys @GoodLife99 @Aqa @b1uesky @icycrystal @Universe宇宙 @rL @koolgal
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.
Friends come join @b1uesky @Fenger1188 @GoodLife99 @Jadenkho @Universe宇宙 @DiAngel @SR050321 @LMSunshine @MHh @koolgal @Shyon
🌟🌟🌟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.
@MillionaireTiger
如果我有100万美元,我会等待好时机买入有价值的优质股票!尽管没有人能够100%准确地估测股票未来的走势,每个人都想实现财务自由,甚至想成为富豪。
要如何跑赢大盘?炒股,最大的障碍是拿不住,追涨杀跌,频繁交易,在短期波动中频频被割韭菜。一家好公司至少有两个标准,一是历史业绩优秀,如盈利能力强,具有优势市场地位等等。 投资股市绝不是为了赚一次钱,而是要持续赚钱。股票大涨的时候大多数人极度乐观,大跌的时候大多数人极度悲观。股价下跌总是能让人对公司产生悲观,尤其是股票大幅下跌。勿乱投机, 买入好的企业的股票,尽量以低于企业内在价值的价格买入,之后就不需要理会太多市场上的波动,放心长线长期投资。
众多美股,我选择特斯拉公司,由于世界转向绿色能源,过去几年特斯拉股票的表现非常出色。特斯拉的电动汽车销量也从中获利,不断攀升至新高。我相信特斯拉在马斯克的带领下,未来会越来越好👍🏻。我会继续等待好时机买入更多特斯拉股票,作为长期投资😊。
我相信在股市里能创造奇迹, 我会继续留在老虎证券投资并继续邀请更多朋友加入这个大家庭❤️祝福老虎证券早日成为最强大的投资公司👍🏻愿大家股票大涨,早日实现财务自由😊。
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.
join us @LMSunshine @KYHBKO @Tigress02 @Universe宇宙 @koolgal @kungpao @wine18 @cindyft @Xian789
If only one chance, A. 100% of 1 mil.
If 3 chances, going by % probability x amount, F is the best choice. Thus A, F, F. [Cool]
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]
if I have 3 choices, I probably will go with A. B & D...at least higher possibility to get those money.
A. 100% $1 million
2. If you only had three choices, what would it be? And why?
Choice 1 is A
Choice 2 is A
Choice 3 is C
After getting $2 million for sure, do not mind trying to get $100 million with 80% confidence.
2. With 3 choices, I would go with 100% 1 million. Then 90% 10 million and 90% 10 million. I want a guaranteed 1 million then the greatest chance to win a bigger windfall but I don't need 100 million to live a good life.
If got three choices, same thing, raid all six doors with friends and relatives.
Afterall, life is like raiding, everyone everyday 'raid' for money, correct my friend, @TigerGPT ? hahaha [Chuckle]
Have you 'raid' today? [Evil]
if 3 chances, I'd choose ABF & I'd sacrifice a chicken & do the chicken dance so that I strike it with B or F! my mission in life is to be mega rich so that I can reinvest & give back to the community