Silly interview question
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[{"id": "fjcd618", "text": "Tomorrow would assume 100% increase in one day so obviously tomorrow. Unless you could leverage that $10 today into something which would be a missed opportunity tomorrow....", "replies": [{"id": "fjcdys1", "text": "Even with that interest rate you can just determine the present value of $20 tomorrow, right? It should still be higher than $10 was my train of thought.  Not sure if this was meant to be tricky and involve some kind of deep analysis", "replies": [{"id": "fjcf9s1", "text": "yeah 100% yearly interest means in a year the $10 would become $20. 100% yearly interest converted to daily is much much lower(basically 100/365). I don\u2019t think this was meant to be tricky but it would show right away if someone had a fundamental grasp of basic interest rates.", "replies": [{"id": "fjciwzj", "text": "True but if you compound it daily then it would be a lot different, correct?  At that point your $10 would be worth a bit more.  \n\nMaybe part of the question is so abstract that it wants you to present the scenario where you *might* choose the ten (crazy default risk tomorrow, or insane inflation perhaps)", "replies": [{"id": "fjcnnvn", "text": "Overthinking it", "replies": [], "depth": 5}], "depth": 4}], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "fjcf9ks", "text": "Basic competency check", "replies": [{"id": "fjcisyz", "text": "So $20 right? Lol", "replies": [{"id": "fjcmeeg", "text": "A lot of times these types of questions aren\u2019t looking for the specific answer but also how you think.  So if you talk out all these questions and ideas it could be more helpful than nailing the answer.", "replies": [{"id": "fjcpcow", "text": "I hate these damn questions ripped out of \"Interview 101\" paperbacks that are supposed to be \"deep\". They are mainly stupid and make the interviewer look like an idiot parroting them.", "replies": [], "depth": 4}], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "fjcr0bl", "text": "The question seems flawed. You\u2019d need a 100% daily interest rate to choose between $10 today and $20 tomorrow. It\u2019s probably to invoke the thought process, by asking is it a guaranteed return, what\u2019s the daily inflation, if the 100% is guaranteed maybe there\u2019s more opportunity for other investment with higher return and risk, what\u2019s the individuals risk appetite for hedging investments, etc...", "replies": [], "depth": 1}, {"id": "fjcsb6q", "text": "Sell me this pen.", "replies": [{"id": "fjd91aq", "text": "The cringe is strong with this question.", "replies": [], "depth": 2}], "depth": 1}, {"id": "fjcu94b", "text": "$10 now because you never know if you're gomma see that $20 later.   no such thing as guarantee esp when it comes to $   \n\nif landlord said $50k at closing or $70k in six months for example I'll take the 50k 10/10.   because so much wrong can happen from now until then.  tenant can default, landlord can sell, building can go on fire whatever.   always take the money and run", "replies": [{"id": "fjd98we", "text": "Risk-off VS risk-on personality types.", "replies": [], "depth": 2}], "depth": 1}, {"id": "fjcyonh", "text": "Seems like a personality type question to me. Are you willing to sacrifice today to benefit tomorrow.", "replies": [], "depth": 1}]