Warren Buffett can finally give away his $1 million March Madness prize after winner bested mathematical odds of 1 in 134 million

MT HANNACH
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  • An employee of Berkshire Hathaway’s Pilot Training Company Flightsafet International had an almost flawless record Guess the NCAA university basketball matches, with only Xavier’s defeat in the hands of Illinois being the only mistake. For 10 years, Buffett had tried to award a winner, softening the rules until he can finally declare one.

Closing the game by pouring eight of his last nine on the ground, Will Riley, a 9 -inch Canadian 6 -inch, led the Illini fights to a comfortable victory on Xavier University in the first round of the NCAA championship.

In theory, at least, that should not have surprised the Illinois, sixth seed. And yet it was the only one on 32 games including an employee of Berkshire Hathaway Devinu, he was deceived by predicting the outcome of the initial list of games to be made or to die that end up crowning the best American male team to adorn the basketball court.

Regardless – the anonymous person working at Flightsafet International, a pilot training companyacquiredBy Berkshire Hathaway, will now move away from a million dollars richer. At least before taxes.

He or she won March Madness’s gift from Warren Bufett, beating eleven finalists who were surprisingly almost but not as premonitory. They too had obtained 31 games on the right, only their rope did not last as long as the first 29.

This did not stop there either, because the worker of the ease of theft then put the icing on the cake with a continuous demonstration of their oracular capacities in the field of university football.

“The skills titles of the winner were brushed on Saturday and Sunday by the prediction of 13 consecutive winners and bringing the overall record of the winner for the first 45 games to 44 winners and a defeat”, Berkshire HathawaysaidIn a statement on Monday, distinguishing Xavier’s defeat as the only match to denigrate this unwavering record.

The eleven other finalists will receive an additional $ 100,000 each.

“ I want to give a million dollars to someone while I am still there ”

Eleven years ago, Berkshire Hathaway began his March Madness Bracket challenge, granting $ 1 billion to the one who predicted the 67 games correctly. Since then, Buffett has changed the rules in the hope of finally winning a winner.

This year he did it even easier – easier in the most loose sense of the term, at least. To win, any employee of a company in Berkshire Hathaway had to choose the winners at least 30 of the first 32 games of the first round of the tournament.

“I get older”, the 94 -year -old buffett said The Wall Street Journal. “I want to give someone a million dollars when I am still as president.”

It is not surprising that there was no winner. A layman without any in -depth understanding of the competition or his teams would not even hold the most remote chances by predicting as properly as the anonymous winner.

Mathematically speaking, the chances of properly guessing a reversal of money 31 times out of 32 are approximately 1 out of 134 million.

This story was initially presented on Fortune.com

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