Silverfuturist
King
- Joined
- Dec 16, 2010
- Messages
- 684
El Dorado... 500 gold right away
. Cerro... 10 gold per turn. In a game Cerro will pay out much more gold than El Dorado, but I would rather find El Dorado first. Here is a lesson in Finance from somebody who is not qualified to teach you anything:
1. "Time value of money" - gold later is not as useful as gold right now. Takes 50 turns to catch up to El Dorado, 100 turns you double it. For example, 500 gold right away = 9 warrior-to-sword upgrades when your opponents don't have those kind of resources to match you. The gold
turns into hammers
this way, consder how long it takes to make 9 swords from scratch. You may not have 9 iron so early, but Mohawks don't care and Cathy get double iron.
2. "Opportunity cost" - working Cerro means you are not working other tiles. If you chose Cerro over mined silver for example, consider all of the production you are losing... and working silver also gives you money.
I have experiened when the opponents get Cerro it is a bummer
but not necissarily a game breaker... I have experienced when an opponent gets El Dorado the game can be theoretically over
in some/many? cases with correct play.

1. "Time value of money" - gold later is not as useful as gold right now. Takes 50 turns to catch up to El Dorado, 100 turns you double it. For example, 500 gold right away = 9 warrior-to-sword upgrades when your opponents don't have those kind of resources to match you. The gold


2. "Opportunity cost" - working Cerro means you are not working other tiles. If you chose Cerro over mined silver for example, consider all of the production you are losing... and working silver also gives you money.
I have experiened when the opponents get Cerro it is a bummer

