Ever think about how we always pick the "safe" option, even when it’s objectively worse? Like, you'd rather lose $5 for sure than have a 50/50 chance of losing $10 or nothing. But if the numbers were big enough, say $500k vs $1M, suddenly that 50/50 looks way more appealing. Our brains are weird. What's your tipping point?
Ever think about how we always pick the "safe" option, even when it’s objectively worse? Like, you'd rather lose $5 for sure than have a 50/50 chance of losing $10 or nothing. But if the numbers were big enough, say $500k vs $1M, suddenly that 50/50 looks way more appealing. Our brains are weird. What's your tipping point?
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