If you had a thousand dollars
March 8th, 2009 by AriIf I gave you a thousand dollars that had to spent on one of the following wagers, which one would you put your $1000 on:
- We will make contact with intelligent alien life during your lifetime.
- No one on the planet will burn fossil fuels for energy by 2070.
- The US national debt will be down to “only” 5 trillion by 2025.
- You could buy 1000 shares of Citigroup -owner of the world’s largest financial services network.
March 8th, 2009 at 1:50 pm
At 1:1 odds? Probably #4, although the concept of odds isn’t really relevant to that one…
March 9th, 2009 at 8:29 am
Yikes, is “none of the above” an option?
If not, then at least #4 retains value as kindling…
March 18th, 2009 at 11:54 am
Chaim – i think its the time to think about your decision once again as Citigroup is not the one to invest in during the recession time period..i think i would better invest on some other companies..