7/23/2013 1:04 PM
Posted by tecwrg on 7/23/2013 12:44:00 PM (view original):
If it makes him happy to take the $1000, why would you want to stop him?

It doesn't affect you or your decision or how much money you have.

What's the harm of letting him take the $1000?

I certainly wouldn't try to stop him. I would just allow his choice to validate the opinion I already had.
7/23/2013 1:08 PM
Posted by bad_luck on 7/23/2013 1:04:00 PM (view original):
Posted by MikeT23 on 7/23/2013 12:55:00 PM (view original):
Posted by bad_luck on 7/23/2013 12:37:00 PM (view original):
Posted by MikeT23 on 7/23/2013 11:09:00 AM (view original):
Honestly, there were dozens of times in college where I had to decide on paying rent or eating something more substantial than rice for the next week.   Taking a grand would have been an easy choice. 
But you survived without the extra $1000, right?

Are you saying that, in college, you would have taken the guaranteed $1,000 instead of the 50/50 shot at $100,000?

Also, you went to college???

What part of "Taking a grand would have been an easy choice" was too complicated to comprehend?

For someone saying "****, I have $23.63 left after I pay my bills.   Is that enough to last two weeks?", a grand might as well be a million.
But it's not a million. You'd likely be in the exact same position in a few months if you take the $1,000. Or you could take a 50/50 shot at significantly changing your financial outlook for the a long time.
No, it's $1000.  Or about $976.37 more than I had.    If you've ever been flatass broke, you'd understand.   People live that way every day for their entire lives.    Obviously you haven't had to do it so there's no amount of "debate" that will make you understand.
7/23/2013 1:12 PM
Once again, bad_luck feels that his personal opinions should trump everybody elses.
7/23/2013 1:15 PM
Posted by MikeT23 on 7/23/2013 1:08:00 PM (view original):
Posted by bad_luck on 7/23/2013 1:04:00 PM (view original):
Posted by MikeT23 on 7/23/2013 12:55:00 PM (view original):
Posted by bad_luck on 7/23/2013 12:37:00 PM (view original):
Posted by MikeT23 on 7/23/2013 11:09:00 AM (view original):
Honestly, there were dozens of times in college where I had to decide on paying rent or eating something more substantial than rice for the next week.   Taking a grand would have been an easy choice. 
But you survived without the extra $1000, right?

Are you saying that, in college, you would have taken the guaranteed $1,000 instead of the 50/50 shot at $100,000?

Also, you went to college???

What part of "Taking a grand would have been an easy choice" was too complicated to comprehend?

For someone saying "****, I have $23.63 left after I pay my bills.   Is that enough to last two weeks?", a grand might as well be a million.
But it's not a million. You'd likely be in the exact same position in a few months if you take the $1,000. Or you could take a 50/50 shot at significantly changing your financial outlook for the a long time.
No, it's $1000.  Or about $976.37 more than I had.    If you've ever been flatass broke, you'd understand.   People live that way every day for their entire lives.    Obviously you haven't had to do it so there's no amount of "debate" that will make you understand.
Yes. BL, there were definitely a few times in my life where I would have taken the grand. Be thankful you haven't been in that situation.
7/23/2013 1:17 PM
Although I get BLs overall point. Make the amount lower - ill roll the dice on a 50/50 shot at $100 rather than take $1.
7/23/2013 1:22 PM
Exactly.  Everybody's threshold for when they would take the guarantee versus going for the gamble is going to be different, because everybody has their own unique set of personal circumstances.

What's right for one person may not be right for another.  But it's pretty stupid to characterize somebody else's choice as "not in their right mind" because it doesn't coincide with yours.
7/23/2013 1:31 PM
Posted by tecwrg on 7/23/2013 1:24:00 PM (view original):
Exactly.  Everybody's threshold for when they would take the guarantee versus going for the gamble is going to be different, because everybody has their own unique set of personal circumstances.

What's right for one person may not be right for another.  But it's pretty stupid to characterize somebody else's choice as "not in their right mind" because it doesn't coincide with yours.
I also think it's pretty stupid to start a semantic argument over a common expression. Then again, you are the guy that is perfectly OK with gays getting equal rights in ever way with the sole exception being the ability to use the word "marriage."
7/23/2013 1:34 PM
I'm pretty sure the expression means "crazy." And I think that's what you were going for.

I wasn't crazy when I would have made that decision. I was trying to not go hungry/pay rent etc.
7/23/2013 1:38 PM
Posted by burnsy483 on 7/23/2013 1:35:00 PM (view original):
I'm pretty sure the expression means "crazy." And I think that's what you were going for.

I wasn't crazy when I would have made that decision. I was trying to not go hungry/pay rent etc.
Yeah, but not literally crazy. Say the situation was a little different, both amounts are guaranteed but you have to wait 90 days for the larger payment if that's the one you want.

You'd have to be crazy to take $1,000 now when all they have to do is wait 90 days and get $100,000 instead.

Or

No one in their right mind would take $1,000 now when all they have to do is wait 90 days and get $100,000 instead.

No one thinks they are actually crazy. Just dumb. But who knows, maybe they are just that broke that they have to have the $1,000 now.
7/23/2013 1:42 PM
Ok, sure. If I can convince my landlord that I can pay rent up front for the rest of the year in 3 months, I'd take the $100k. You're also talking about a guarantee on much more money. And yes, there are PLENTY of people who need the money immediately.
7/23/2013 1:46 PM
Posted by MikeT23 on 7/22/2013 1:41:00 PM (view original):
Wouldn't the answer largely depend on your lifestyle?
This.
7/23/2013 2:21 PM
Posted by burnsy483 on 7/22/2013 4:42:00 PM (view original):
That's the thing.  It's dumb to not roll the dice based on the odds.  

But how would you feel if you didn't get the $100 mil?  Knowing that you could have had a million.
Id feel the same way I do today, knowing that I am going to teach again in the fall.
7/23/2013 2:37 PM
You can't lose what you don't have.
7/24/2013 8:47 AM
Would it be fair to say BL's dumbassery sucked the fun from this poll?
7/24/2013 9:01 AM
DID BL'S DUMBASSERY SUCK THE FUN OUT OF THIS POLE?









Votes: 11
(Last vote received: 4/13/2014 8:06 PM)
of 4

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