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> I downvoted because it's a very low effort comment to ask people to explain out the whole thing to you in a simpler manner than the blog post itself. Do you w
by IncRnd 5y ago
> I downvoted because it's a very low effort comment to ask people to explain out the whole thing to you in a simpler manner than the blog post itself. Do you want an ELI5 of Siegel's paradox? Do you want an ELI5 of a contango market, or what implied volatility is?
The poster likely didn't want any of that but what he asked, "Can a broke dummy like me make money from their observation and how?" He was asking for the practicality of using the contents of the article.
- Kranar 5y agoIf someone who is broke is genuinely curious whether they can make money off of an article they have only a 10% understanding of, the answer is no. I really hope that isn't something people need to be told though.
- mywittyname 5y agoThe "broke dummy" portion of the comment was for rhetorical purposes. It was a humorous way of asking, "What are practical applications of this knowledge in simple layman terms." Which is a reasonable question on a board not dedicated to finance. See also: <Topic> for Dummies books.
- Kranar 5y agoI never criticized the dummy part of the statement and there's nothing wrong with being ignorant of a topic, everyone has to start learning from somewhere. I criticized the broke part of the statement. Rhetorical or facetious or otherwise, someone who is broke who doesn't have a sufficient understanding of finance has no way of making money off of an article they don't understand.