GIDI

[Niko @0xNiko1]

An MIT professor offered his class a coin flip: win $125 or lose $100. Most students said no. Then he proved refusing was the smart move, and it explains why you're bad with money.

The bet is a steal on paper. Flip a coin, win $125 or lose $100. Do the math and you come out $12.50 ahead on average. It's what economists call a more than fair bet. Most of the room still turned it down.

They weren't being dumb. They were being human.

Here's the idea underneath it. You don't actually care about dollars, you care about how much each dollar changes your life. And the dollars you already have are worth more to you than the ones you might win. So losing $100 stings harder than winning $125 feels good.

Then he pushed it further. He told the class he'd force them into that winning bet unless they paid to walk away. How much would they pay? The answer, with their standard math, was $43. People will hand over almost half their money to dodge a bet that's tilted in their favor.

That's not weakness. That's a law of how the mind values risk, and it has a name: risk aversion.

And it's the whole reason insurance exists. Being uninsured is just this coin flip in disguise. You quietly pay to never be the person who gets wiped out, even when the math says the odds are on your side.

Once you see it, you notice it everywhere. Every warranty, every premium, every bet you've refused. You weren't being irrational. You were pricing the fear.

[GIDI @kipgidi]

The only way to help its population collapse.

[Daily Loud @DailyLoud]

South Korea proposes talks with North Korea to formally end the Korean War.

[Celestino (can/do) - ➡️draimo.com @_celestino127]

I think Strathmore is living proof private sector can handle higher education better in Kenya. Critics argue that it will keep out needy students but private sector can mobilize capital easily plus Strath huencourage work-study. Strath ni no. 1 uni in Kenya.

[Dr. Strange @Imonaar]

I want to understand the Larry hate;

You people don't have close friends who are government supporters?

[Mbabz @Kalasinga_]

Slowly catching up with socials. Cancelling Larry Madowo for attending his friend's wedding is psychopathic. Cancel culture is stupid. Always has been.

[Ng'etich @_feloh_]

Nigerians really enjoy Nairobi. They even got excited by the Karaoke street vibe. Nairobi can surprise you when it decides to show up. 🇰🇪🇳🇬

[GIDI @kipgidi]

Hamsterdam, The Wire. IYKYK

[Shoba Gatimu @shobanes]

If you get time this weekend, read about how Bukele (El Salvador president) made a deal with gangs. They surpress violence and rally support for him communities they operate in. In exchange he gives them money and operating freedoms. The Authoritarian playbook.

[Mbabz @Kalasinga_]

SGR should and must reach Malaba.

[Habibiz @manlikesaiya]

Mamba village 😂😭

[GIDI @kipgidi]

Hawa mosquitos nikama hawajui mi ndo nalipa rent!

[Chaz Wargnier ☄️ @DataChaz]

Anthropic with every industry:

[GIDI @kipgidi]

My bro got a big W, and I'm smiling ear to ear. Is it normal to get dopamine hits from others' success?

[Kathleen Tyson @Kathleen_Tyson_]

I think what drives high achieving scientists to China, besides better research students and well-funded labs, is China’s genuine commitment to solving real world problems that make lives better.

Not everyone wants profit maximisation.

[Leandro Trossard @LTrossard]

To all the Arsenal fans, thank you for everything, from the bottom of my heart.

Once a Gunner, always a Gunner.

Leo

[Wahome🗺🛰 @ItsWahome]

@kiruti On Safaricom Dial *100# > My Account > End of call notification.

Should help disable it.

[TobyWrites @tobyasky]

I'm sure many people did not see this in real time.

Licha dropping that pass to Messi was planned. Messi is a fucking genius, watch his movements.

He's read the whole C. Verde defence, tells Licha, and they execute it.

Haaland learned from the master

[GIDI @kipgidi]

@kilonzoNice @Coopbankenya @StanChartKE charged me 156.6 per €. 10 bob spread 😂😭

[Martin Kivuva @MartinMKivuva]

@alexmwanzo Nimesoma hii nikakumbuke ile saying ya "for you to be conned, your greed must exceed that of the conman".
Nairobi hakuna mtu husema "no" kwa pesa yoyote shida ni mwenye pesa kupata chenye anataka.

[Jkksfqt @JUNX1ONG]

I am slowly starting to realize that alot of you guys aren't adults. Looter was accused in the icc and Kenyans elected him dp and then president. There ain't shit the Europeans/Murica can do but work with whomever you put forth.. Mkichagua maraga they will work with him as well.

[The Players’ Tribune @PlayersTribune]

“I wrote this because I can’t speak about it.

I wrote this because I want you to know that I will make sure that you live on.”

@RBLeipzig and @equipenatciv winger Yan Diomande on the life of his sister, Roxane. https://t.co/6wQmpdWTSi