Imagine you’re given a choice: a 1% chance at a billion dollars, or a guaranteed 10 million. Most people jump at the billion. But statistically, you're almost certainly walking away with nothing. Why do we always overvalue the slim chance at extraordinary, instead of securing the substantial? It’s not even greed, it's something else.
Imagine you’re given a choice: a 1% chance at a billion dollars, or a guaranteed 10 million. Most people jump at the billion. But statistically, you're almost certainly walking away with nothing. Why do we always overvalue the slim chance at extraordinary, instead of securing the substantial? It’s not even greed, it's something else.
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