#1
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A quick follow-up thought to Sklansky\'s googleplex post
Assume the entity that offers the wager can and will pay off if you hit your number. Is there anything you would pay $.01 to have a 1/googleplex chance of having occur?
How about $1.00? |
#2
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Re: A quick follow-up thought to Sklansky\'s googleplex post
No, of course not. A googleplex dollars, or 1/100* googleplex dollars has the same value as a trillion dollars. That is to say, more value than one person could possibly spend. So it's clearly a bad bet, since you can't really get even money odds due to the decreasing marginal value of money.
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#3
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Re: A quick follow-up thought to Sklansky\'s googleplex post
no.
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#4
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Re: A quick follow-up thought to Sklansky\'s googleplex post
[ QUOTE ]
No, of course not. A googleplex dollars, or 1/100* googleplex dollars has the same value as a trillion dollars. That is to say, more value than one person could possibly spend. So it's clearly a bad bet, since you can't really get even money odds due to the decreasing marginal value of money. [/ QUOTE ] I think if your goal was to spend it all you could spend a trillion dollars |
#5
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Re: A quick follow-up thought to Sklansky\'s googleplex post
Perhaps, but it's irrevelant. You could buy Great Britain's navy, but why would you want to? And of course a googleplex dollars is just a silly amount of money. It's more money than exists in the world today by a little less than a google orders of magnitude.
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#6
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Re: A quick follow-up thought to Sklansky\'s googleplex post
I wasn't necessarily talking about odds to win money. Would you pay .01 for a 1/google chance of having a fivesome with Jessica Alba, Angelina Jolie, Heidi Klum, Shannon Elizabeth and Halle Berry, EG? Or to resolve world hunger and/or bring about world peace?
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#7
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Re: A quick follow-up thought to Sklansky\'s googleplex post
[ QUOTE ]
Assume the entity that offers the wager can and will pay off if you hit your number. Is there anything you would pay $.01 to have a 1/googleplex chance of having occur? How about $1.00? [/ QUOTE ] eternal life, and omnipotence, yes. |
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