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Sunday, February 2, 2014

Monday February 3, 2014 - Class #4 - Risk

Delayed Gratification has its risks because of the time period created during the delay. 

During that time period, bad things can happen. Some of these things are unforeseen and could cause the reduction or elimination of the gratification.




How much risk are you willing to take?




6 comments:

  1. This class was very interesting because we saw how there is no reward without risk.

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  2. I enjoyed this class because it was engaging and showed us when you were in a position that required you to use quick analytic skills to continue forward or take the money and walk.

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  3. I agree with Mathew Guthrie that class session did show the reward in risk along with decision making based off of calculations of statistics as well. Based of off the research that you obtained before going on the show and implementing it to the game along with risk taking you were able to come out with more money than I would have been able to win. ha

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  4. This class really helped us learn the reward in taking a risk.

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  5. I realized the science of delayed gratitude in this class. Importantly, I took away from this class the importance of being frugal and set out to find coupons and ways I can save as much money as possible. Also having seen the Deal or No Deal video I got an understanding of the analytics behind how Dr. Sistrunk played the game and showed the dealer how smart Morehouse Men are!

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  6. This was an interesting class. I learned the importance of analyzing the different situations that your in and that it is okay to take some risks. I have always liked the saying "bet big win big". Prof Sistrunk did a great job on Deal or No Deal and this has definitely changed the way that I will analyze situations in the future.

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