4 ms·

This stunt actually makes me angry. Not a good PR move imo. "I have enough money that I can risk giving up a billion $. And I may just give it to you if you ca

by dba7dba 13y ago

This stunt actually makes me angry. Not a good PR move imo. "I have enough money that I can risk giving up a billion $. And I may just give it to you if you can beat the odds that's harder than getting hit by lighting multiples times in 1 year." How about offering pot of 100 million to top (aka sweep) 16 instead... But never mind, it's their money...

poopicus 13y ago
I would argue that as a PR move, it's pretty brilliant. It's been brought up countless times since it was announced, and it's been pretty hype up until now. Sure, it was basically a sure bet for Buffet.. But it spawned a community in itself[1] and captured the imagination of many. I'd call that a good move. [1] http://www.takebuffettsbillion.com/ http://www.takebuffettsbillion.com/
_Robbie 13y ago
This does seem silly. According to the article, the odds of picking the correct bracket are less than 1 in 128 billion, so there is practically zero risk.
- deleted 13y ago
  [deleted]
- dfc 13y ago
  ...drum roll... Accurately assessing financial risk is the reason Buffet has stacked so much paper.
- tim333 13y ago
  Unless you have a really good crystal ball.
- asdfologist 13y ago
  Don't all these "odds" assume each game has same odds as a coin flip?
dfc 13y ago
Not a good PR move? Is this because you think it is a bad idea for: * quicken to get a ton of free mentions in the press with one month before income taxes are due? * this otherwise unknown gentleman from the midwest to announce to the world that he has a lot of money?
- arb99 13y ago
  I agree with you, but he is hardly unknown. (Not sure if that was sarcastic?) http://en.wikipedia.org/wiki/Warren_Buffett http://en.wikipedia.org/wiki/Warren_Buffett
  - cfredmond 13y ago
    he may be referring to dan gilbert...
  - dfc 13y ago
    It was sarcasm. I had hoped that including the bit about omaha would make it obvious. To be honest the motivator of the second option was: "I have enough money that I can risk giving up a billion" I had assumed everybody knew that Buffet had so much money. I did not understand how the commenter thought that this contest was going to be the way the world found out that Buffet was loaded.
- mgkimsal 13y ago
  it's quicken loans, not quicken, which aren't related except for the name. but the mindshare spillover quicken is getting from people like yourself certainly doesn't hurt (and didn't cost them anything!).

by dba7dba 13y ago

poopicus 13y ago

I would argue that as a PR move, it's pretty brilliant. It's been brought up countless times since it was announced, and it's been pretty hype up until now. Sure, it was basically a sure bet for Buffet.. But it spawned a community in itself[1] and captured the imagination of many. I'd call that a good move. [1] http://www.takebuffettsbillion.com/ http://www.takebuffettsbillion.com/

_Robbie 13y ago

This does seem silly. According to the article, the odds of picking the correct bracket are less than 1 in 128 billion, so there is practically zero risk.

deleted 13y ago
[deleted]
dfc 13y ago
...drum roll... Accurately assessing financial risk is the reason Buffet has stacked so much paper.
tim333 13y ago
Unless you have a really good crystal ball.
asdfologist 13y ago
Don't all these "odds" assume each game has same odds as a coin flip?

dfc 13y ago

Not a good PR move? Is this because you think it is a bad idea for: * quicken to get a ton of free mentions in the press with one month before income taxes are due? * this otherwise unknown gentleman from the midwest to announce to the world that he has a lot of money?

arb99 13y ago
I agree with you, but he is hardly unknown. (Not sure if that was sarcastic?) http://en.wikipedia.org/wiki/Warren_Buffett http://en.wikipedia.org/wiki/Warren_Buffett
- cfredmond 13y ago
  he may be referring to dan gilbert...
- dfc 13y ago
  It was sarcasm. I had hoped that including the bit about omaha would make it obvious. To be honest the motivator of the second option was: "I have enough money that I can risk giving up a billion" I had assumed everybody knew that Buffet had so much money. I did not understand how the commenter thought that this contest was going to be the way the world found out that Buffet was loaded.
mgkimsal 13y ago
it's quicken loans, not quicken, which aren't related except for the name. but the mindshare spillover quicken is getting from people like yourself certainly doesn't hurt (and didn't cost them anything!).