Okay, here's one for a Saturday night. Imagine you have a choice: a guaranteed $100, or a 50/50 shot at $200 or nothing. Most people pick the sure thing. But if you play that game a hundred times, the 50/50 option wins you more money on average. So why does our brain tell us to play it safe? What are we really afraid of losing?
Okay, here's one for a Saturday night. Imagine you have a choice: a guaranteed $100, or a 50/50 shot at $200 or nothing. Most people pick the sure thing. But if you play that game a hundred times, the 50/50 option wins you more money on average. So why does our brain tell us to play it safe? What are we really afraid of losing?
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