224 karma · joined April 13, 2016
Ignorance is bliss.
Drawing from my own life experiences, the more I learn the more things I worry about that could go wrong. This worry creeps into all aspects of life and becomes the norm. This creates a sense of dissatisfaction which can be a form of unhappiness.
Smart folks get aware of environment/challenges etc much sooner than others and maybe that creates the pathway to erosion of happiness.
Every generation has struggled with it, except now it’s discussed heavily on social media and other forums. Hence the impression that it’s unique to this generation.
Are there challenges today that didn’t exist for previous generations? Yes! Are they more complex compared to what the previous generations faced? No!
Maybe I should consider myself as one :)
Assume that door 1 has a goat , door 2 has a car and door 3 has a goat behind it. There are 3 trials possible in the Monty Hall scenario
Trial 1 Contestant chose door 1(which is a goat). Host opens door 3(because he has to) and asks if contestant would like to switch. If he switches, then he wins the !
Trial 2 Contestant chooses door 2, host can open door 1 or 3 doesn’t matter. Host asks contestant if he’d like to switch and if he does then he loses.
Trial 3 Contestant chooses door 3(which has a goat). Host opens door 1(he has to) and asks if contestant would like to switch to door 2. Contestant switches to door 2 and wins a cat!
So 2/3 times contestant wins when switching his/her original choice.
The article mentions that tether may not have been audited by a third party. So I’m not sure how believable these numbers are.
Except for the court ruling of 13 million in favor of Underwood Ranch, the article isn’t very clear in the amount by which the 2 companies disagreed so difficult to say if it was purely a clash of the 2 owner’s personalities or some other fundamental change in market that brought this sudden schism.
Given that market can remain crazy longer than I can remain solvent I’d rather be invested in it.
Lucky are those who have such true confidence without much backing as that is truly a gift from nature.