Shaan Puri
👤 SpeakerAppearances Over Time
Podcast Appearances
What if?
Sure.
Then you ask the question, well, what do you think are the chances you could get there?
There's a 10% chance.
Okay, so 10% times 500 gives you 50.
So it's a better decision to take the 100 expected value over the 50.
Right.
Or let's say you think it's a 20 percent chance.
So now you're even.
OK, but what's the percent chance it all falls apart, goes to zero?
Right.
There's going to be if you keep running it, you have some risk, ongoing risk of it falling apart.
Even if you think that's a 10 percent chance, you have to factor that in.
And so once you do that, you get a more objective way of making a decision versus just going on pure emotion or your mood in the moment or fear and greed based on whatever whatever day the weather is for you.
Yeah, that's true.
He's like, I don't underestimate that.
Okay.
So where to from here?
So you're just going to go to college now?
You're going to like, eventually in the future, you want to start something new?