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How you'd be RICHER working FREE in 10* Oil Rig

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    • jannatul [1328477]
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    Thread created on 12:39:27 - 27/01/21 (5 years ago)
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    Last replied 06:41:26 - 24/07/26 (3 months ago)
    Logistics and TV companies are often touted to be the best Jobs in Torn. I have worked in both. The average wage offered now in Logistics is 3m. The average wage offered in Oil Rigs are 2m. Any logical player would work for Logistics over Oil Rigs. However, I believe that you can make more money in a 10* Oil Rig than in ANY other company, with a Lower wage (even with ZERO wage)

    The reason: 10* Oil Rigs can offer an additional 50% banking limit. So instead of the usual 2B invested in your bank, you can invest 3B. Let's delve into the maths:

    ---- Wage income ---

    Player A works in Logistics earning 3m per day
    Player B works in 10* Oil Rig earning 2m per day
    Both players have full banking merits.

    ---- Bank Income ----

    Player A invests 2B per 90 days at 20% interest. His profit is 400m.
    His average profit per day is 400m / 90days = 4.44m per day

    Player B invests 3B (instead of the usual 2B) per 90 days, also for 20% interest. His profit is 600m.
    His average daily profit is 600m / 90days = 6.66m per day

    --- Total Income ---

    Player A: 3m (wage) + 4.44m (bank) = 7.44m daily
    Player B: 2m (wage) + 6.66m (bank) = 8.66m daily
    Player B (Oil Rig) earns an extra 1.22m daily

    ---------

    That alone should convince you to switch to Oil Rigs. However, Oils Rigs have another perk: You can reduce your bank investment time by 1 hour for 3 job points. This seems pointless at first but this can boost you daily bank income by 13.9%

    -----

    Let's return to Player B, working in a 10* Oil Rig and earning 10 job points per day.

    Every day he works, he reduces his bank time by 3.33 hours (10 job points / 3 job points per hour off).This is equivalent to removing 0.1388 days or 5/36 days (fractions are better, we'll use this in a moment)

    Let determine how many days this can shorten his 90 day bank investment time by:

    90 - X = X * 5/36

    X is the amount of days surpassed
    Take LHS as days left in bank investment
    Take RHS as the day he can remove by jobs points

    When LHS and RHS are the same number, the bank investment can be completed.


    For those who failed algebra, X is 79.02 days. Let's round this to 79 days.

    So in summary, Player B doesn't actually invest every 90 days, he invest every 79 days. This boosts his daily income:


    --- Bank Income (Revised) ---

    Player A bank average daily profit 400m/90 days = 4.44m (unchanged)
    Player B bank average daily profit 600m/79 days = 7.59m

    Player B's bank income went from 6.66m to 7.59m daily. (13.9% increase)

    --- Total income (Revised) ---

    Player A: 3m (wage) + 4.44m (bank) =     7.44m daily (unchanged)
    Player B: 2m (wage) + 7.59m (bank) = 9.59m daily


    Player B, working in a shabby Oil Rig, earns an extra 2.15m per day.

    And yes, even with Zero wage for Player B, the bank alone (7.59m) exceeds the total income for Player A (7.44)...

    ----

    Disclaimer:
    • This only works for 10* Oil Rigs, not ALL Oil Rigs, and they very competitive to get into
    • The assumptions made (average wage) are from my personal interaction from directors, yours may vary.
    • This post does not consider the opportunity cost of that extra 1B.
    -------

    TLDR:

    • If you have sufficient stats, you should chose Oil Rig over Logistics and TV
    • Reason: The 50% extra banking + reduction in bank investment time from Job points
    • Even with a 1m lower wage at at Oil Rig, your total income will be circa 2.15m extra per day, by virtue of the banking perks.
    Last edited by jannatul on 15:29:06 - 28/01/21 (5 years ago)
  • CH
    • Regeneration [1757073]
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    Posted on 12:53:09 - 27/01/21 (5 years ago)
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    Are you trying to convince your boss to stop paying you?
    Being serious: well written thread and the math checks out! R+

    MarketVendor:     you drink me under the table any day
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    • jannatul [1328477]
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    Posted on 13:08:17 - 27/01/21 (5 years ago)
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    Regeneration [1757073]

    Are you trying to convince your boss to stop paying you? Being serious: well written thread and the math checks out! R+
    Well tbh, Oil Rigs directors should thank me for the levelling the playing field haha, and thank you
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    • HuntedGhost [2568914]
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    Posted on 13:10:29 - 27/01/21 (5 years ago)
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    TV has Press Pass special tho right? When you are at that level of working stats you might be at an age where the extra money is irrelevant as you already have quite a lot of it -especially if you were/are an active player- and the TV specials that are otherwise hard to obtain like the extra racing skill if that matters to you or more importantly the 0.25% boost to a stat could be more valuable than the extra cash.

    This is a well written, easy to follow up guide clearly showing the monetary gain of 10* Oil Rigs tho so thanks for making this R+
    Last edited by HuntedGhost on 13:11:00 - 27/01/21 (5 years ago)
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    • Hawk [2080065]
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    Posted on 13:21:40 - 27/01/21 (5 years ago)
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    All you needed was to add one graph to that beautiful post.

    Missed a huge opportunity to dethrone Andyman.


    A little unfair that you didn't include the benefit of the other companies' specials while you considered the specials of the Oil Rigs, but your point was yet well made.
    R+



    (totally unrelated graph for fun)
    Last edited by Hawk on 13:24:41 - 27/01/21 (5 years ago)

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    • jannatul [1328477]
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    Posted on 13:47:12 - 27/01/21 (5 years ago)
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    HuntedGhost [2568914]

    TV has Press Pass special tho right? When you are at that level of working stats you might be at an age where the extra money is irrelevant as you already have quite a lot of it -especially if you were/are an active player- and the TV specials that are otherwise hard to obtain like the extra racing skill if that matters to you or more importantly the 0.25% boost to a stat could be more valuable than the extra cash. This is a well written, easy to follow up guide clearly showing the monetary gain of 10* Oil Rigs tho so thanks for making this R+
    You're correct, TV does have that special if I'm not mistaken. Logistics also has a nice perk where you trade Job Points for gains in Defense. And I agree, these perks would be more desirable for very active players without monetary concerns.

    But for myself, I am not too active and my only goal at the moment is reach 10B in networth. After you purchase the usual BBs and max out the Bank investment, it's pretty difficult to find something that can provide those same returns. I think it's much easier to get from 100M to 1B, than it is to get from 1B to 10B. So little edges such as the one discuss above can be really useful to those in a similar position to me.

    And I'm glad you enjoyed it. Thank you :)
  • Hell
    • Vigoureux [2233673]
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    Posted on 14:22:19 - 27/01/21 (5 years ago)
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    jannatul [1328477]

    Logistics and TV companies are often touted to be the best Jobs in Torn. I have worked in both. The average wage offered now in Logistics is 3m. The average wage offered in Oil Rigs are 2m. Any logical player would work for Logistics over Oil Rigs. However, I believe that you can make more money in a [b]10* Oil Rig [/b]than in ANY other company, with a Lower wage [b](even with ZERO wage) [/b] [b]The reason:[/b] 10* Oil Rigs can offer an additional 50% banking limit. So instead of the usual 2B invested in your bank, you can invest 3B. Let's delve into the maths: [b] ---- Wage income ---[/b] [color=#f76707][b]Player A [/b][/color]works in [color=#f76707]Logistics[/color][color=#f59f00] [/color]earning [color=#f76707]3m per day[/color] [color=#1c7cd6][b]Player B[/b][/color] works in [color=#1c7cd6]10* Oil Rig[/color][color=#f76707] [/color]earning [color=#1c7cd6]2m per day[/color] Both players have full banking merits. [b] ---- Bank Income ----[/b] [b][color=#f76707]Player A[/color] [/b]invests 2B per 90 days at 20% interest. His profit is 400m. His average profit per day is 400m / 90days = [b][color=#f76707]4.44m per day[/color][/b] [color=#1c7cd6][b]Player B[/b][/color] invests 3B (instead of the usual 2B) per 90 days, also for 20% interest. His profit is 600m. His average daily profit is 600m / 90days = [color=#1c7cd6][b]6.66m per day[/b][/color] [b] --- Total Income ---[/b] [b][color=#f76707]Player A: [/color][/b][color=#f76707]3m (wage) + 4.44m (bank) = [b]7.44m daily[/b] [/color][color=#1c7cd6][b]Player B: [/b]2m (wage) + 6.66m (bank) = [b]8.66m daily[/b][/color][b] [/b] [color=#1c7cd6]Player B [/color](Oil Rig) earns an [color=#1c7cd6]extra 1.22m daily [/color] --------- [b]That alone should convince you to switch to Oil Rigs. [/b]However, Oils Rigs have another perk: You can reduce your bank investment time by 1 hour for 3 job points. This seems pointless at first but this can boost you daily bank income by [b]13.9%[/b] ----- Let's return to [color=#1c7cd6][b]Player B[/b][/color], working in a 10* Oil Rig and earning 10 job points per day. Every day he works, he reduces his bank time by 3.33 hours (10 job points / 3 job points per hour off).This is equivalent to removing 0.1388 days or [b]5/36 days [/b](fractions are better, we'll use this in a moment) Let determine how many days this can shorten his 90 day bank investment time by: [b]90 - X = X * 5/36 [/b] [b]X[/b] is the amount of days surpassed Take [b]LHS [/b]as days left in bank investment Take [b]RHS [/b]as the day he can remove by jobs points [b]When LHS and RHS are the same number, the bank investment can be completed. [/b] For those who failed algebra, [b]X is 79.02 days[/b]. Let's round this to 79 days. So in summary, [b][color=#1c7cd6]P[/color][/b][color=#1c7cd6][b]layer B [/b][/color]doesn't actually invest every 90 days, he invest every 79 days. This boosts his daily income: [b]--- Bank Income (Revised) ---[/b] [b][color=#f76707]Player A[/color][/b] bank average daily profit 400m/90 days = [b][color=#f76707]4.44m [/color](unchanged)[/b] [color=#1c7cd6][b]Player B[/b][/color] bank average daily profit 600m/79 days = [b][color=#1c7cd6]7.59m[/color][/b] [color=#1c7cd6][b]Player B's[/b][/color] bank income went from 6.66m to 7.59m daily. (13.9% increase) [b] --- Total income (Revised) ---[/b] [color=#f76707] [b]Player A: [/b]3m (wage) + 4.44m (bank) =[/color] [color=#f76707][b]7.44m daily [/b][/color][b](unchanged)[/b] [color=#1c7cd6][b]Player B:[/b] 2m (wage) + 7.59m (bank) =[/color] [color=#1c7cd6][b]9.59m daily[/b][/color] [b][color=#1c7cd6]Player B[/color], working in a shabby Oil Rig, earns an [color=#1c7cd6]extra 2.15m per day[/color]. [/b] And yes, even with Zero wage for [color=#1c7cd6]Player B[/color], the bank alone (7.59m) exceeds the total income for [color=#f76707]Player A (7.44)...[/color] ---- [b] Disclaimer:[/b] [ul] [li]This only works for 10* Oil Rigs, [b]not ALL Oil Rigs[/b], and they very competitive to get into[/li] [li]The assumptions made (average wage) are from my personal interaction from directors, yours may vary.[/li] [li]This post does not consider the opportunity cost of that extra 1B. [/li] [/ul]------- [b] TLDR: [/b][ul][li]If you have sufficient stats, you should chose Oil Rig over Logistics and TV[/li] [li]Reason: The 50% extra banking + reduction in bank investment time from Job points[/li] [li]Even with a 1m lower wage at at Oil Rig, your total income will be circa 2.15m extra per day, by virtue of the banking perks.[/li] [/ul]
    Book of Carols is worth $10m to reduce your education time by 6 hrs
    so, technically, you get paid around $8m in 10* Fitness Centers and Hair Salons DAILY!

    Selling Revives ¸

    $1M  or a Xanax  

     

  • JFK™
    • Andyman [471591]
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    Posted on 20:53:21 - 27/01/21 (5 years ago)
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    This guy doesn't get hosp'd overseas, race, or appreciate untimegated 300e boosts of energy, 1/4 SE's, or random BCT's.
  • CR
    • Untouchable [1360035]
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    Posted on 21:13:58 - 27/01/21 (5 years ago)
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    Andyman [471591]

    This guy doesn't get hosp'd overseas, race, or appreciate untimegated 300e boosts of energy, 1/4 SE's, or random BCT's. [img]/images/v2/emotions/laughing.png[/img]
    Also there's no graphs... I know if you did this thread there would be graphs.

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    LSD

     

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  • RoF
    • Smokey123 [248901]
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    Posted on 21:32:00 - 27/01/21 (5 years ago)
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    You could also add Cayman Island interest into this!

    I agree, Oil Rigs are the best, thanks for explaining :D

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    • NightLine [1071139]
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    Posted on 00:14:19 - 28/01/21 (5 years ago)
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    How about LM special which can be sell at around 25m each?
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    • jannatul [1328477]
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    Posted on 01:00:14 - 28/01/21 (5 years ago)
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    NightLine [1071139]

    How about LM special which can be sell at around 25m each?
    Say you work for 10* Logistics firm, it works out to 1m a day - which is still 1.15m below the total income you can receive in an 10* Oil Rig
    Last edited by jannatul on 01:00:55 - 28/01/21 (5 years ago)
    • Maple [2509902]
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    Posted on 04:05:24 - 28/01/21 (5 years ago)
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    Oil Rig is awesome
    Last edited by Maple on 04:10:15 - 28/01/21 (5 years ago)
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    • Lance0 [2298087]
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    Posted on 05:34:32 - 28/01/21 (5 years ago)
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    NightLine [1071139]

    How about LM special which can be sell at around 25m each?

    jannatul [1328477]

    Say you work for 10* Logistics firm, it works out to 1m a day - which is still 1.15m below the total income you can receive in an 10* Oil Rig
    which makes the title no longer true, as being paid nothing actually costs you 850K per day. That's an entire Xanax of loss EVERY day now.

    Tho who pays 10* Oil rig workers for free? Nearly nobody, but it makes the statement in title false.

    Some of my better works (make sure to return to the OP since links not working)

    https://www.torn.com/forums.php#/p=threads&f=2&t=16191693&b=0&a=0&start=0&to=20879548

    https://www.torn.com/forums.php#/p=threads&f=2&t=16203555&b=0&a=0&start=0&to=2109006

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    • jannatul [1328477]
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    Posted on 08:18:28 - 28/01/21 (5 years ago)
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    NightLine [1071139]

    How about LM special which can be sell at around 25m each?

    jannatul [1328477]

    Say you work for 10* Logistics firm, it works out to 1m a day - which is still 1.15m below the total income you can receive in an 10* Oil Rig

    Lance0 [2298087]

    which makes the title no longer true, as being paid nothing actually costs you 850K per day. That's an entire Xanax of loss EVERY day now. Tho who pays 10* Oil rig workers for free? Nearly nobody, but it makes the statement in title false.
    Yes, in that theoretical world where'd you'd work for free, you'd be right
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    • Hrafnkell [2643182]
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    Posted on 12:02:21 - 28/01/21 (5 years ago)
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    Unable to fetch data...
    Last edited by Hrafnkell on 21:02:57 - 31/05/21 (5 years ago)
  • JFK™
    • Raracure [1440257]
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    Posted on 03:15:02 - 14/04/21 (5 years ago)
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    jannatul [1328477]

    Logistics and TV companies are often touted to be the best Jobs in Torn. I have worked in both. The average wage offered now in Logistics is 3m. The average wage offered in Oil Rigs are 2m. Any logical player would work for Logistics over Oil Rigs. However, I believe that you can make more money in a [b]10* Oil Rig [/b]than in ANY other company, with a Lower wage [b](even with ZERO wage) [/b] [b]The reason:[/b] 10* Oil Rigs can offer an additional 50% banking limit. So instead of the usual 2B invested in your bank, you can invest 3B. Let's delve into the maths: [b] ---- Wage income ---[/b] [color=#f76707][b]Player A [/b][/color]works in [color=#f76707]Logistics[/color][color=#f59f00] [/color]earning [color=#f76707]3m per day[/color] [color=#1c7cd6][b]Player B[/b][/color] works in [color=#1c7cd6]10* Oil Rig[/color][color=#f76707] [/color]earning [color=#1c7cd6]2m per day[/color] Both players have full banking merits. [b] ---- Bank Income ----[/b] [b][color=#f76707]Player A[/color] [/b]invests 2B per 90 days at 20% interest. His profit is 400m. His average profit per day is 400m / 90days = [b][color=#f76707]4.44m per day[/color][/b] [color=#1c7cd6][b]Player B[/b][/color] invests 3B (instead of the usual 2B) per 90 days, also for 20% interest. His profit is 600m. His average daily profit is 600m / 90days = [color=#1c7cd6][b]6.66m per day[/b][/color] [b] --- Total Income ---[/b] [b][color=#f76707]Player A: [/color][/b][color=#f76707]3m (wage) + 4.44m (bank) = [b]7.44m daily[/b] [/color][color=#1c7cd6][b]Player B: [/b]2m (wage) + 6.66m (bank) = [b]8.66m daily[/b][/color][b] [/b] [color=#1c7cd6]Player B [/color](Oil Rig) earns an [color=#1c7cd6]extra 1.22m daily [/color] --------- [b]That alone should convince you to switch to Oil Rigs. [/b]However, Oils Rigs have another perk: You can reduce your bank investment time by 1 hour for 3 job points. This seems pointless at first but this can boost you daily bank income by [b]13.9%[/b] ----- Let's return to [color=#1c7cd6][b]Player B[/b][/color], working in a 10* Oil Rig and earning 10 job points per day. Every day he works, he reduces his bank time by 3.33 hours (10 job points / 3 job points per hour off).This is equivalent to removing 0.1388 days or [b]5/36 days [/b](fractions are better, we'll use this in a moment) Let determine how many days this can shorten his 90 day bank investment time by: [b]90 - X = X * 5/36 [/b] [b]X[/b] is the amount of days surpassed Take [b]LHS [/b]as days left in bank investment Take [b]RHS [/b]as the day he can remove by jobs points [b]When LHS and RHS are the same number, the bank investment can be completed. [/b] For those who failed algebra, [b]X is 79.02 days[/b]. Let's round this to 79 days. So in summary, [b][color=#1c7cd6]P[/color][/b][color=#1c7cd6][b]layer B [/b][/color]doesn't actually invest every 90 days, he invest every 79 days. This boosts his daily income: [b]--- Bank Income (Revised) ---[/b] [b][color=#f76707]Player A[/color][/b] bank average daily profit 400m/90 days = [b][color=#f76707]4.44m [/color](unchanged)[/b] [color=#1c7cd6][b]Player B[/b][/color] bank average daily profit 600m/79 days = [b][color=#1c7cd6]7.59m[/color][/b] [color=#1c7cd6][b]Player B's[/b][/color] bank income went from 6.66m to 7.59m daily. (13.9% increase) [b] --- Total income (Revised) ---[/b] [color=#f76707] [b]Player A: [/b]3m (wage) + 4.44m (bank) =[/color] [color=#f76707][b]7.44m daily [/b][/color][b](unchanged)[/b] [color=#1c7cd6][b]Player B:[/b] 2m (wage) + 7.59m (bank) =[/color] [color=#1c7cd6][b]9.59m daily[/b][/color] [b][color=#1c7cd6]Player B[/color], working in a shabby Oil Rig, earns an [color=#1c7cd6]extra 2.15m per day[/color]. [/b] And yes, even with Zero wage for [color=#1c7cd6]Player B[/color], the bank alone (7.59m) exceeds the total income for [color=#f76707]Player A (7.44)...[/color] ---- [b] Disclaimer:[/b] [ul] [li]This only works for 10* Oil Rigs, [b]not ALL Oil Rigs[/b], and they very competitive to get into[/li] [li]The assumptions made (average wage) are from my personal interaction from directors, yours may vary.[/li] [li]This post does not consider the opportunity cost of that extra 1B. [/li] [/ul]------- [b] TLDR: [/b][ul][li]If you have sufficient stats, you should chose Oil Rig over Logistics and TV[/li] [li]Reason: The 50% extra banking + reduction in bank investment time from Job points[/li] [li]Even with a 1m lower wage at at Oil Rig, your total income will be circa 2.15m extra per day, by virtue of the banking perks.[/li] [/ul]
    Overall good calculations, but I have something to add on.

    I think you missed out the opportunity cost of Player A to be able to garner returns from the $1b torn cash that he did not invest in the banks.

    You're comparing Player A (Who invested $2b cash)
    against Player B (Who invested $3b cash)

    Player A can put his $1b cash somewhere else and gain returns on his cash.
  • JFK™
    • hemi [2165616]
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    Posted on 05:59:50 - 14/12/22 (3 years ago)
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    hiring for oil rig 75k in any stat is an auto 2m+ hmu
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    • Mathiaas [1918010]
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    Posted on 20:06:52 - 14/12/22 (3 years ago)
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    This assumes that I don't gamble away all my extra money before I ever reach 3b to invest.

    1918010.png

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    • yihang69 [3446207]
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    Posted on 06:18:54 - 22/05/25 (1 year ago)
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    well ,its a good calculation
    but iam too lazy to do the math
    is it still correct?


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