It was a terrible decision.
It was a terrible decision.
Compare the maximum downside risks AT THAT MOMENT of each option. While it was impossible to achieve maximum upside (i.e. win the game) choosing either option, there was only ONE option that could produce a guaranteed loss. Thus, there were asymmetric risk/reward ratios.
Compare the maximum downside risks AT THAT MOMENT of each option. While it was impossible to achieve maximum upside (i.e. win the game) choosing either option, there was only ONE option that could produce a guaranteed loss. Thus, there were asymmetric risk/reward ratios.