There has been a ton of publicity about Warren Buffet putting $1 Billion on the line for anyone who picks a perfect bracket in this year’s NCAA Tournament.
Well, according to Matthew Berry of ESPN, we are only four games into this year’s NCAA Tournament and out of 11 million submitted brackets in ESPN’s Tournament Bracket Challenge, only 5.7% of them (~627,000) remain perfect.
Once again, Mr. Buffett has made a wise investment, this time in publicity, for an extremely low risk wager.
via Matthew Berry’s Facebook feed