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This scheme was such a profound misunderstanding of probability. You have 100,000 of the billions of dollar bills in circulation, so what? And of course his f
by JohnJamesRambo 6y ago
This scheme was such a profound misunderstanding of probability. You have 100,000 of the billions of dollar bills in circulation, so what? And of course his faulty risk assessment bit him in the end from the liability of having $100,000 in cash lying around.
If he had invested the $110k in the stock market in 1984 he would have been a millionaire at the time of his death in 1999, but crazies and normal people never see that.
https://www.noelwhittaker.com.au/resources/calculators/stock-market-calculator/ https://www.noelwhittaker.com.au/resources/calculators/stock...
- stainforth 6y agoWhat does a dead guy do with a million dollars?
- JohnJamesRambo 6y agoWhat did he do with the no money he had at death?
- paxys 6y agoIt's possible that he was only dead because he didn't have good health insurance/enough money for treatment.
- JKCalhoun 6y agoYes, I have always ascribed to the get-rich-slow schemes and I encourage my children to do the same.
- andi999 6y agoCrazies and normal people cannot predict the future.