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Stock markets are not zero-sum. Derivatives markets would be, though
by gbasin 5y ago
Stock markets are not zero-sum. Derivatives markets would be, though
- KMag 5y agoDerivatives markets are zero-sum measured in currency, but few people/organizations have perfectly linear utility functions. Transferring risk from more risk averse people to less risk averse people is not necessarily zero-sum if the accounting is done in utility instead of currency.