Comments on: The worst personal-finance video ever http://blogs.reuters.com/felix-salmon/2012/03/14/the-worst-personal-finance-video-ever/ A slice of lime in the soda Sun, 26 Oct 2014 19:05:02 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: Curmudgeon http://blogs.reuters.com/felix-salmon/2012/03/14/the-worst-personal-finance-video-ever/comment-page-1/#comment-36857 Fri, 16 Mar 2012 13:50:31 +0000 http://blogs.reuters.com/felix-salmon/?p=12460#comment-36857 I love government-run lotteries. They are a tax that you can choose whether or not to pay, and I choose not to.

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By: FrankRuffing http://blogs.reuters.com/felix-salmon/2012/03/14/the-worst-personal-finance-video-ever/comment-page-1/#comment-36841 Thu, 15 Mar 2012 19:43:08 +0000 http://blogs.reuters.com/felix-salmon/?p=12460#comment-36841 Felix, did the Greenwich hedge Fund guys who hit Powerball last fall prompt same to double the ticket price from $1 to $2?

Seems bizzarre that a $1 lottery with $100MM prizes would see fit to squeeze their players that hard unless they were truly gamed.

Not to mention the regressiveness of doubling the price of hope.

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By: Moopheus http://blogs.reuters.com/felix-salmon/2012/03/14/the-worst-personal-finance-video-ever/comment-page-1/#comment-36837 Thu, 15 Mar 2012 18:34:18 +0000 http://blogs.reuters.com/felix-salmon/?p=12460#comment-36837 “Remember when 110 people all had the winning numbers 22, 28, 32, 33, and 39, just because those numbers were printed in fortune cookies?”

Hmm, well, that only makes half a point. They got a smaller share of the payout, but they did get a payout. Their method got them a winning number. One unanswered question is, how often do human-picked numbers win vs. machine picked numbers? Statistically it shouldn’t matter, as long as the winning number is picked in a truly random way. The machine picked numbers probably aren’t completely random. But it would be interesting to see the real-world results.

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By: mattdebord http://blogs.reuters.com/felix-salmon/2012/03/14/the-worst-personal-finance-video-ever/comment-page-1/#comment-36835 Thu, 15 Mar 2012 17:52:14 +0000 http://blogs.reuters.com/felix-salmon/?p=12460#comment-36835 I like to describe my (extremely infrequent) hopes of winning the lottery — which in Cali is back up to hefty number — as somewhere between luck and divine intervention. $1 isn’t that much to (extremely infrequently) spend to become a black swan:

http://www.scpr.org/blogs/economy/2011/1 2/07/3961/california-lotterys-100-millio n-jackpot-worth-shot/

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By: jayackroyd http://blogs.reuters.com/felix-salmon/2012/03/14/the-worst-personal-finance-video-ever/comment-page-1/#comment-36825 Thu, 15 Mar 2012 12:40:42 +0000 http://blogs.reuters.com/felix-salmon/?p=12460#comment-36825 I do object to ad campaigns, run by governments, that routinely overstate the winnings’ impact on your life. The lifestyle they describe are not consonant with the amount of money involved in hitting the jackpots on offer.

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By: CDN_Rebel http://blogs.reuters.com/felix-salmon/2012/03/14/the-worst-personal-finance-video-ever/comment-page-1/#comment-36823 Thu, 15 Mar 2012 08:40:07 +0000 http://blogs.reuters.com/felix-salmon/?p=12460#comment-36823 @Dollared Ben Stein cannot be dethroned as his legacy (of infamy?) continues to grow with every appearance he makes in print and on TV. It also doesn’t help that he’s a hardcore zionist screaming at the top of his lungs to bomb, invade, and occupy Iran. His credibility is like perfect negative correlation: doing the exact opposite is most likely genuinely the exact action one should take. So a little lottery scam pales in comparison to that level of Cramerity

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By: ZacBissonnette1 http://blogs.reuters.com/felix-salmon/2012/03/14/the-worst-personal-finance-video-ever/comment-page-1/#comment-36822 Thu, 15 Mar 2012 04:55:55 +0000 http://blogs.reuters.com/felix-salmon/?p=12460#comment-36822 Whatever, Felix. All my money is invested in Norman Rockwell collector plates.

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By: KidDynamite http://blogs.reuters.com/felix-salmon/2012/03/14/the-worst-personal-finance-video-ever/comment-page-1/#comment-36818 Thu, 15 Mar 2012 02:43:43 +0000 http://blogs.reuters.com/felix-salmon/?p=12460#comment-36818 FELIX YOUR AN IDIOT. EVERYONE KNOWS THAT IF YOU WANT TO WIN THE LOTERY ALL YOU HAVE TO DO IS SET A BUDGET AND BE CONSISTENT.

MORAN.

(/sarcasm)

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By: Dollared http://blogs.reuters.com/felix-salmon/2012/03/14/the-worst-personal-finance-video-ever/comment-page-1/#comment-36810 Thu, 15 Mar 2012 00:11:54 +0000 http://blogs.reuters.com/felix-salmon/?p=12460#comment-36810 But Felix – does this mean that Ben Stein has been dethroned?

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