People Still Buy Lottery Tickets Even Though They Know (eBook, ePUB) - Foster, Kari
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  • Format: ePub

I suddenly discovered, is more than just a simple calculation exercise. This method forced me to reconsider the meaning of everything in life and realize that my previous way of looking at things was unreasonable. A disaster with a small probability is equal to a little bit of bad luck with a large probability. A little chance of becoming a billionaire is equivalent to a lot of chances of becoming someone who lives relatively well. That's exactly how a stock trader sees things, and this perspective explains a lot of things. So why doesn't the whole world think this way?

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Produktbeschreibung
I suddenly discovered, is more than just a simple calculation exercise. This method forced me to reconsider the meaning of everything in life and realize that my previous way of looking at things was unreasonable. A disaster with a small probability is equal to a little bit of bad luck with a large probability. A little chance of becoming a billionaire is equivalent to a lot of chances of becoming someone who lives relatively well. That's exactly how a stock trader sees things, and this perspective explains a lot of things. So why doesn't the whole world think this way?

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