There is one flaw with the teacher's lesson, if everyone would have held out for at least 5 rounds, everyone would have gotten 32x the money and done better than someone grabbing everything in the first round for a 25x increase. Patience is a virtue and works wonders for the economy. The power of doubling is incredible. There was a way for everyone but the teacher to have won, but takes everyone to want to win together. That should have been the lesson for a class of Mormon students.
Bro where was this version of Shane when we got the first offer to buy Contently
Great article. Thanks, Shane.
There is one flaw with the teacher's lesson, if everyone would have held out for at least 5 rounds, everyone would have gotten 32x the money and done better than someone grabbing everything in the first round for a 25x increase. Patience is a virtue and works wonders for the economy. The power of doubling is incredible. There was a way for everyone but the teacher to have won, but takes everyone to want to win together. That should have been the lesson for a class of Mormon students.