All-In for the Internet of Things Tech Trend

by Paul Mampilly
The Sovereign Investor

“You want me to take all of them?” asked Matthew. The eight kids in the scout troop that I led regarded me like I was stark raving mad.

Looking back, I realize that I was making my first all-in bet at 13. It was in a game of flag at the annual Wilderness Scout camp. Three scout troops were given three flags apiece. The other three were assigned to track a troop that had flags and wrest it from them. Whoever had the most flags at the end won.

Now, there was a good reason for me to make my all-in bet.

Matthew, the fastest runner in our school, was in my troop. He regularly beat the bigger kids. Giving all three flags to him was a no-brainer.

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