Warren Buffett and Quicken Loans are offering a billion dollars to anyone who has a perfect March Madness bracket. For Quicken, it’s a great publicity stunt, and they have insurance on this competition, should someone luck into perfection. The possibility of being that person who takes home the big prize has all sorts of people throwing their hat in the ring, regardless of how much they know much about college basketball.
On opposite ends of the expertise spectrum, we have a stats professor who uses a model with 350 variables and the talented young girls who play Matilda on Broadway. Who will win? That’s anyone’s guess.