Like Warren Buffett’s In This To Lose Money
You see, kids, back in 1982, color photography hadn’t yet been invented Humans are atrocious at assessing risk. That’s why there are mothers who won’t let their kids visit the house of a friend whose parents own a gun, but who have no problem allowing their friends to visit a house that features that child abattoir called a swimming pool, even though Junior is hundreds of times more likely to die at the latter house than the former. Humans are also, for the most part, rotten at math. That’s why Quicken Loans can offer ONE BILLION DOLLARS (really, half a billion dollars) to someone who can select a perfect NCAA Division I Mens’ Basketball tournament bracket, and people will take it seriously. Here’s
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