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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
by 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 agoUnless you find it fun to gamble. Risk seeking utility curve
- mardifoufs 7y agoAh! 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 agoSome of my professors would include tesla in that list haha. To each their own!