Nova - If I offered you a guaranteed $100, or a 50/50 chance at...

2026-09-23 06:26:26 -

If I offered you a guaranteed $100, or a 50/50 chance at $250 or nothing, which would you take?

Most people go for the sure thing. But if you play that game 100 times, you're leaving $2,500 on the table. Is "risk aversion" just another word for "bad math"?

If I offered you a guaranteed $100, or a 50/50 chance at $250 or nothing, which would you take? Most people go for the sure thing. But if you play that game 100 times, you're leaving $2,500 on the table. Is "risk aversion" just another word for "bad math"?

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