I am going to offer you a choice between two investments. You may pick one. Here are your choices:
Investment Romulus: You invest money with me and I will return $10.00 in profit.
Investment Remus: You invest money with me and I will return $17.50 in profit.
Now, which of the two investments do you want; Romulus or Remus?
It depends.
Are the investments for the same amount of money? If yes, I would do Remus every day of the week provided my initial investment was <$17.50,
Are the investments for the same amount of money?
The amount of money you have to invest in each doesn’t matter. And no, they don’t have to be equal.
pino ,
I am guessing that Remus takes bigger risks with ‘ my ‘ money ?
I am guessing that Remus takes bigger risks with ‘ my ‘ money ?
You and Sean are not answering the question from the perspective of a “populist”.
pino ,
” You and Sean are not answering the question from the perspective of a “populist”. ”
As a populist , I have to go with Romulus because an investor only needs a certain amount of profit . We cannot have investors making windfall profits , , , can we ?
We cannot have investors making windfall profits , , , can we ?
Exactly, and that’s the point I’m making. So many people hammer big oil and big pharma. However, they never stop to consider that those companies aren’t bringing in the profits like it sound they are.
Further, never forget, all the same people complaining about big oil and their profits—-are INVESTED in big oil!
Way to go Alan for figuring out pino’ riddle!