Brain Crusher: How Do You Make A Lopsided Bet? Learning from Errors

Table Tennis Players

Thinking Outside the BOX

You bet a group of hustlers/bettors that if there is enough prize money–$500,000 or more, you will play the winner of this match http://youtu.be/Ne9LVpnYeFQ in a two-out-of-three match in games to twenty-one.  You have only played twice before against your little sister and lost. You win $500,000 or you lose $500,000.  However, you get to choose how you will play the game of table tennis (ping pong). Both of you are under the same rules/equipment and you must abide by the rules of table tennis—hit the ball over the net, one bounce, no touching the net, etc.

You have 15 days to prepare. What are you gonna do? This story comes from a true story of a famous proposition gambler.

If you lose, then these guys will help you pay: http://youtu.be/aPLvu-Zg-mE. Your career is over.

Table Tennis

Please don’t post the answer if you know the true story behind this bet. Otherwise, try your hand and win a prize.

I hate the term, “Thinking Outside the Box” but I provide this puzzle/quandary as a way for you to think about investing in an unusual way. GOOD LUCK!

The most powerful mind is the quiet mind. It is the mind that is present, reflective, mindful of its thoughts and its state. It doesn’t often multitask, and when it does, it does so with a purpose.

Improving As an Investor

Lecture_01_Sanjay Bakshi_Improving as an investor

http://fundooprofessor.wordpress.com/2013/09/08/klein-vs-kahneman/

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