The Cycle of Fear, Greed, and Shrinking Returns

Aug 2, 2023 | Markets

$100 is on the table, and you have a choice. You can choose to receive $50 or flip a coin. If you choose the coin toss and get heads, you get $100. If it’s tails, you get nothing. What do you do? If you’re like most folks, you’re probably going to take the $50. It’s a...