4 ms·
Even if what you said is true , how is buying a lottery ticket superior to robbing a bank? If you want to optimize by time preference then it seems even faster
by JumpinJack_Cash 3y ago
Even if what you said is true , how is buying a lottery ticket superior to robbing a bank?
If you want to optimize by time preference then it seems even faster
- ozb 3y agoRobbing a bank is more likely to set you back substantially (infinitely?) via a stay in prison, which is not likely to average out in your favor. But in some cases, ethics aside, it could conceivably be the rational choice, and that doesn't seem so surprising.
- JumpinJack_Cash 3y agoBut OP said the most valuable strategy is to reduce as much as possible the time to 1M without accounting for any other factor. It’s much more likely to become a millionaire by robbing a bank vis-a-vis playing the lottery