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The headline looks like an exception to Betteridge's Law, in that the answer is clearly yes. The crucial thing is that you don't know the true distribution of
by auntienomen 6y ago
The headline looks like an exception to Betteridge's Law, in that the answer is clearly yes.
The crucial thing is that you don't know the true distribution of returns when you invest, trade, or speculate. There's always some probability that you're gambling, in the sense of this article