Buffett offers $1 billion for perfect NCAA bracket
If before the final four, or perhaps the finals, they offer to buy you out for a few hundred million, would you say no, or risk it all by staying in?
Quote: AceTwoI think it is wrong to offer a Prize of $1 billion.
Even though the odds are astronimical and this is mostly a gimmick, someone could win the $1 billion.
I do no think an average person can handle having a $1 billion.
And from an ethical point of view I think is wrong do win such an astronomical amount basically on luck (I accept taht there is some element of skill but it would be mostly luck)
The people who have $1 billion (who are very few) have made it over a long period of time through had work, enterpreunrship, being very clever and some luck on the side. And that $1 billion is usually invested in many companies which employ thousands of people and provide backing to the economy.
I cant imagine if an average person gets suddenly this kind of money, what he will do with them and how good is such a thing for the society as a whole.
I'd love to see somebody win the billion……we can then watch the cat self destruct. Love riches to rags stories.
Quote: treetopbuddyI'd love to see somebody win the billion……we can then watch the cat self destruct. Love riches to rags stories.
Maybe something like this:
http://en.wikipedia.org/wiki/Abraham_Shakespeare
Quote: Dalex64I'm not so sure that it would ever get to that point.
If before the final four, or perhaps the finals, they offer to buy you out for a few hundred million, would you say no, or risk it all by staying in?
You take the few hundred million. Or sell it for half that, and agree if it wins you get an extra 1/3billion.
Quote: bwMaybe something like this:
http://en.wikipedia.org/wiki/Abraham_Shakespeare
Thanks for making my day a little brighter
Quote: AceTwoI think it is wrong to offer a Prize of $1 billion.
Even though the odds are astronimical and this is mostly a gimmick, someone could win the $1 billion.
I do no think an average person can handle having a $1 billion.
And from an ethical point of view I think is wrong do win such an astronomical amount basically on luck (I accept taht there is some element of skill but it would be mostly luck)
The people who have $1 billion (who are very few) have made it over a long period of time through had work, enterpreunrship, being very clever and some luck on the side. And that $1 billion is usually invested in many companies which employ thousands of people and provide backing to the economy.
I cant imagine if an average person gets suddenly this kind of money, what he will do with them and how good is such a thing for the society as a whole.
It's his billion, he can do whatever he wants with it.
/edited to add:
Everyone who is left has picked Kansas, who at the end of the first half is tied with E. Kentucky.
So, it could be all over at the end of this game.
Quote: bwI wouldn't even need a few hundred million. Give me 10 million and I will be happy.
Give me $1.5 million right now and I will stop working next week.
