@sama aka - first derivative of the loss-avoidance bias

You can also lose time. @sama: Garry Tan on startup investing: "you can only lose 1x your money, but you can miss out on making 100x"”

@sama @ycombinator Can also use this argument to play the lottery.

RT @sama: Garry Tan on startup investing: "you can only lose 1x your money, but you can miss out on making 100x"

@sama that logic works perfectly on lottery tickets!

@sama @growthfunders That's one way if looking at it! 1x your money is ALL the money

! “@sama: Garry Tan on startup investing: "you can only lose 1x your money, but you can miss out on making 100x"”