Quantcast
Get breaking news alerts via email

Click here to manage your alerts
FILE - U.S. Billionaire investor Warren Buffet speaks during a news conference at a hotel in Madrid, in this May 21, 2008 file photo. According to one estimate, at least 95 percent of the 100 million or so brackets filled out all across America were busted by the time the NCAA tournament was barely 12 hours old. Buffet, won't have to worry much longer about handing the $1 billion he stuffed under his mattress to anyone who finished the tourney with a perfect score. (AP Photo/Paul White, File)
NCAA: Warren Buffett is still rich and you’re not
First Published Mar 21 2014 08:26 am • Last Updated Mar 22 2014 04:45 pm

Welcome back to an alumni-packed edition of BracketRacket, the one-stop shopping place for your offbeat NCAA tournament needs. Today, we explain why Warren Buffet is rich and you’re not, why you don’t always need a private jet to enjoy the tourney, and how a kid actor nearly stole the show. Without further ado:

———

Join the Discussion
Post a Comment

THANKS FOR PLAYING. NOW DON’T FORGET YOUR PARTING GIFT

I’m upset.

You’re upset.

And because misery never lacks company, so are all the other geniuses who penciled Cincinnati, Ohio State and Oklahoma into the third round. According to one estimate, at least 95 percent of the 100 million or so brackets filled out all across America were busted by the time the NCAA tournament was barely 12 hours old. So just about the only guy still smiling when his head hit the pillow last night was Warren Buffet, and that’s because he won’t have to worry much longer about handing the $1 billion he stuffed under his mattress to anyone who finished the tourney with a perfect score.

Lord knows the lengths people went to hoping to get their hands on that cash. BracketRacket’s favorite scheme involved rats in replica jerseys racing through a maze built in the shape of a bracket. Taking "March Madness" to ever-greater heights, ESPN aired a video of the whole shebang, which you can watch (thanks to Awful Announcing) here: http://bit.ly/1l957ub

Of course, knowing how to play the odds — they were 9,223,372,036,854,775,808, or, rounding off, 9.2 quintillion-to-1 against such a possibility — is one reason Buffet still has most of his money.

The good news is there’s still hope. The bad news is that what little remains likely resides in the already sparsely populated state of North Dakota.

Just like the rest of us, math students at North Dakota State came up with a formula to help them fill out their NCAA brackets, And while they might be smarter — they called theirs a "logistic conditional probability model" — they, too, picked Oklahoma to beat NDSU. They also missed the upsets by Harvard (over Cincy) and Dayton (OSU).


story continues below
story continues below

But humans are not always logical. And they can be loyal to a fault.

"I did actually pick NDSU to upset Oklahoma in my personal bracket," said NDSU senior Bryan Rask, a mathematics and statistics major who worked on the project. "We’ve got a lot of senior leaders on our team, and if (Taylor) Braun and (TrayVonn) Wright play at the top of their game, I think we have a pretty good chance at the upset."

Take that, "SportsCenter."

———

CELEBRITY ALUM

Speaking of upsets, it’s too bad Oklahoma doesn’t award frequent-flyer miles. Otherwise, Toby Keith would have something to show for the trip.

The country music singer and die-hard Sooners fan was on a concert tour of Australia when he learned Oklahoma was playing North Dakota State in the NCAA tourney at Spokane, Wash., and he wasn’t about to let a small inconvenience like the Pacific Ocean get in the way of attending.

Keith described his journey to AP’s Carey Williams this way: "We left two days ago, went to Hawaii, spent the night, let the pilots get a little sleep and rested up so we could get in here and make this game."

Unfortunately, the result wasn’t as smooth as the getting there.

On the plus side, Keith had already written his best-selling song, "A Little Less Talk and a Lot More Action" nearly two decades ago. Otherwise, the temptation to pen something to remember the trip by might have been impossible to resist.

———

Next Page >


Copyright 2014 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Top Reader Comments Read All Comments Post a Comment
Click here to read all comments   Click here to post a comment


About Reader Comments


Reader comments on sltrib.com are the opinions of the writer, not The Salt Lake Tribune. We will delete comments containing obscenities, personal attacks and inappropriate or offensive remarks. Flagrant or repeat violators will be banned. If you see an objectionable comment, please alert us by clicking the arrow on the upper right side of the comment and selecting "Flag comment as inappropriate". If you've recently registered with Disqus or aren't seeing your comments immediately, you may need to verify your email address. To do so, visit disqus.com/account.
See more about comments here.
Staying Connected
Videos
Jobs
Contests and Promotions
  • Search Obituaries
  • Place an Obituary

  • Search Cars
  • Search Homes
  • Search Jobs
  • Search Marketplace
  • Search Legal Notices

  • Other Services
  • Advertise With Us
  • Subscribe to the Newspaper
  • Access your e-Edition
  • Frequently Asked Questions
  • Contact a newsroom staff member
  • Access the Trib Archives
  • Privacy Policy
  • Missing your paper? Need to place your paper on vacation hold? For this and any other subscription related needs, click here or call 801.204.6100.