27 ms·
> but if you can't predict when the music will stop, the smart move today is to keep playing. The smart move while the music is playing is to sell the tickets,
by adhesive_wombat 4y ago
> but if you can't predict when the music will stop, the smart move today is to keep playing.
The smart move while the music is playing is to sell the tickets, not buy an instrument of your own.
It's like selling spades during a gold rush.
- vkou 4y agoIf you can double your money every 6 months, and the music was playing for the past 3 years, you'd have been a fool not to play. It's why bubbles grow. The optimal move for anyone but a precog is to keep playing, right up until the end. Very few people in this case actually mint and sell tickets, most of them are hangers-on who are either hoping to dump to a bigger fool, or are also selling tickets (but are also utterly dependent on the music to keep playing.)