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The other wonderful thing about the market is that it doesn't care whether you have favorable odds if you only take one bet. Lucidity in a debate is much more l
by xianshou 15y ago
The other wonderful thing about the market is that it doesn't care whether you have favorable odds if you only take one bet. Lucidity in a debate is much more likely to produce upvotes than 55% odds on a single speculation about the market is to produce dollars.
(As Keynes said, "Markets can remain irrational a lot longer than you or I can remain solvent.")