Gore - gangster or else - and bore but keep him a awake don’t let z and hold the d - dore him (act like Drake and open release entire section (e.g listening to loud music, it’s loud to him because we go to operas but it’s just natural music playing so we Kendree and wife arefine
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 looks great on paper. Flip a coin, win $125 or lose $100. On average, you make money. Economists call that a more than fair bet. Most of the room still wanted nothing to do with it.
They weren't being dumb. Their answer actually made sense.
Here's why. You don't experience money as numbers on a spreadsheet. What matters is what that money does for you. Losing $100 you already have can hurt more than gaining another $125 helps.
Then he changed the question. Imagine you were forced to take the bet unless you paid to escape it. How much would you give up? Using the standard math, the answer came out to $43. People would rather lose $43 for certain than face a bet that's actually tilted in their favor.
That's risk aversion. The value of gaining money and the pain of losing it aren't perfectly symmetrical.
And it's part of the reason insurance exists. You accept a small guaranteed cost today to remove the possibility of a much bigger loss tomorrow, even when that loss is statistically unlikely.
Once you see it, you notice it everywhere. Insurance premiums, warranties, bets you refuse. Sometimes you're not paying for better odds. You're paying to remove an outcome you can't afford.
I remember when Kanye sat Kim Kardashian down in that red hoodie and actually gave her solid advice on time management so she could pass the bar exams too. She didn’t listen.
And then she kept failing. 💔
Republicans control the internal and internet and the democrats control the world and if they walk over to the democrats they get squashed because they can’t put anything into physical action
Believe - before everything lived it in every way from very exhausting work. When you say it it’s a form of believing what it actually was and what makes it cool is you are collecting ordinary things so this drink could be yolo or something ordinary welikeorlaugh it @justinbieber