4 ms·

Technically everyone can be rational if their utility curve is optimized by buying the wrong zoom

• mardifoufs 7y ago
  Yep! I think Matt Levine talked about that recently. Though to be honest, speculating on an almost "fake" stock isn't exactly rational (from the perspective of an individual market participant) because there is no way to even try to optimize the utility curve.
  • vikramkr 7y ago
    Unless you find it fun to gamble. Risk seeking utility curve
    • mardifoufs 7y ago
      Ah! But we already have SPY options if you want your fix of purely degenerate gambling. I won't disagree that it's super fun! ;)
      • vikramkr 7y ago
        Some of my professors would include tesla in that list haha. To each their own!