I disagree on minimal evidence. My intuition is it's more likely you're wrong about what people value than that many people are wrong about that kind of math.

I disagree on minimal evidence. My intuition is it's more likely you're wrong about what people value than that many people are wrong about that kind of math. Arbitrage is a real issue, but it's not magic and there's a lot of friction in the real world. For ex, you don't get spam callers trying to buy your chance of a large settlement payout.