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When discussing doping in sports people are generally receptive to the following argument: Athletes will do everything they can to dope because the benefits far
by bjourne 5y ago
When discussing doping in sports people are generally receptive to the following argument: Athletes will do everything they can to dope because the benefits far outweighs the drawbacks. It is probable that many of the world's top athletes are doped.
However, when discussing financial trading people are generally not receptive to the following argument: Stock traders will do everything they can to exploit inside information because the benefits far outweighs the drawbacks. It is probable that those who consistently outperform indexes exploit inside information.
Why the discrepancy? Do people believe that successful stock traders in general are more honest and law-abiding than top athletes?
- t-3 5y ago> Why the discrepancy? Do people believe that successful stock traders in general are more honest and law-abiding than top athletes? It's probably more to due with your audience than "people in general". The type of people who can/will discuss financial markets tend to be invested in financial markets, and thus do not want to understand. If you have your sense of self-worth (in more ways than one), tied up in the numbers in your brokerage account, would you readily accept the idea that your heros and "investment mentors" are cheats and liars? How many amateur athletes would believe that professionals are all doping relative the broader population that is not so invested in sports?
- s1artibartfast 5y agoMy understanding is that doping in sports is largely a solved problem at this point. I believe I have to submit biological samples witch are preserved indefinitely. Provides a significant barrier because future Technologies 10 allow retrospective analysis. Sure there are tons of athletes that modify and enhance their performance up to the Limit of acceptability, but I think there are the Wild West of doping is a thing of the past.