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gamma_shorts
If you had to choose between a million dollars or a penny that doubled every day for a month the penny or mill
the penny doubles like day 1 , 1 cent day 2, 2 cents day 3 , 4cents day five 8 cents and so on
For the common folk who cannot grow money for nuts, they will go for the penny.
For professional hedge fund managers like myself who can double any amount of money consistently, we will go for the million and double it myself in the same way the penny does.
http://www.mastersoequity.com
http://www.optiontradingpedia.com
.
astatine
if there was someone who offered me the two options, unless his last name rhymed with Bates, I'll take the million - "a bird in hand is worth two in the bush"
chaz7311
the penny
LadyG
Although I don't remember the actual figures, I recently saw a show where it proved that taking the penny made you a heap richer over time.
Droopy Dog
Penny, obviously.
snafuswish
I'd pick the penny because at the end of the month it'd be over $10.7 million. A month isn't that long either.
LGIAM4953
Duh! The penny of course. Because it's compunded daily. You'll be way ahead in the long run.
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