FTX’s Sam Bankman-Fried Gave Away His Flawed Decision-Making Philosophy Months Ago. A Behavioral Economist Explains.
Opinions expressed by Entrepreneur contributors are their own. “Let’s say there’s a game: 51%, you double the earth out somewhere else; 49%, it all disappears. Would you play that game? And would you keep on playing that, double or nothing?” Tyler Cowen asked Sam Bankman-Fried, the now-disgraced founder of the bankrupt cryptocurrency exchange FTX, in…