I love sports + startups + animals. Self-funded & founded OddsJam at 24. Sold it for $160M at 28. Ex-SIG quant trader. Stanford Math/CS grad. @alexmonahan on IG
When I worked in quant finance @ SIG, we'd play this game called "Make a Market" for $1,000...
It's kinda interesting:
1) An unbiased person picks a random question (e.g. What's the population of Tanzania)
2) Person A makes a market (say 30million-100million)
3) Person B can "tighten" the market (e.g. 50M - 80M) or buy/sell (e.g. below 30M or above 100M)
4) Person A can then "tighten" the market (e.g. 60M - 65M) or buy/sell (below 60M or above 65M)
The game ends when somebody buys/sells...
Let's say Person A "buys" 65M. The popular of Tanzania is 72M so they'd win the $1,000.
If they "sold" 60M, they'd lose. If the population was between 60-65M, then they'd also lose...
The game teaches you a lot about trading/risk tolerance/confidence in your assumptions