Harvard educated...not really the sharpest tools in the shed.

OM fricken G! What a bunch of d*mb*sses.

Jim Cramer
Elliot Spitzer
Barack Obama

A rogues gallery of Harvard elite d*mb*asses.

If that doesn't put a questionmark on the value of "higher education" nothing will.
 
Quote from peilthetraveler:

But the real kicker is at about 3 min 40 seconds in when she asks the big question that really shows they have no clue what is going on in the economy.
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No, their answer only shows that they have enough common sense not to trust strangers. How are they to know the coin is really silver, and not just painted cheap metal?
 
Quote from morganist:

Why would you not pay five dollars for something that is already worth nearly thirty?
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But how do you know it's worth nearly $30? All you have is the woman's word. Why would someone give you something worth $30, for $5? The odds of it being a con are quite high.
 
North Face......Swiss Army... all these high priced designer brands that these rich University students are wearing shows that they aren't affected by the current economic condition.

If they can afford a Harvard education AND designer clothings, then they probably won't care too much for a $30 coin....even if you give it to them for free.

Good video, but I wonder how many students are editted out for giving good answers.


PA
 
Quote from Ghost of Cutten:

No, their answer only shows that they have enough common sense not to trust strangers. How are they to know the coin is really silver, and not just painted cheap metal?
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I second that. You can see the look on the kid's face when he was offered the coin. He politely smiled as if someone asked him for spare change.
 
We all seen the video of people being offered $5 cash on the street and turning it down.

So no suprises here, no free lunches, no one really wants to give you money for free in this world (unless you are a charity case).

Gold and Silver look pretty and are in demand right now.

But they just sit there looking pretty, they are the bimbo's in the investment world.

Real estate, farm land, and dividend yielding stocks etc now they can throw off cash flow as well as have good capital gains.

Gold and sliver have the advantage of being portable and as money of last resort, but with that comes the risk of being stolen or confiscated.
 
Quote from Millionaire:

We all seen the video of people being offered $5 cash on the street and turning it down.
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Haha! I have seen a video of $5,000 offered to strangers in the street in the middle of NYC business district. No one takes the money; they think it's some kind of scam. The money is offered by a popular TV show that specialises in publicity stunts.

Regarding the opening post, do you actually mean a tool?
 
Quote from Ghost of Cutten:

But how do you know it's worth nearly $30? All you have is the woman's word. Why would someone give you something worth $30, for $5? The odds of it being a con are quite high.
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Blackjack is a con,but I bet any one of those kids would put $5 down for that and risk getting zero. At least with the coin you are betting $5 to win $30 where as with blackjack you put up $5 to win even money.

Surely their little harvard minds would calculate all the statistics to verify the probability that it was a real coin....For example...examining how well dressed the seller is. Does she look nervous trying to sell the coin...is the coin shiny like silver or dull like a fake silver coin would be. How expensive is the camera being used to film....all little things you could use to reasonably judge if it was fake or not....but if you wanted a 99.99% chance to find out if it was real or not...say you will buy the coin if you can see the sellers Identification or not. If they dont show it = Fake coin. If they do show it = Real coin (or real stupid)
 
peil, in the blackjack the player know the chance of to bust the dealer because the dealer have to go to 17 in his cards. And to bust the dealer is the win for all at the table. So I do not know for sure but look like the odds to win (one) hand in the blackjack is better.
You do not know if the student know per ounce price of the silver market. If they so do know the price, maybe to the student is not worth to make only $25.00 for the game that is possible to have 0 chance to win.
 
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