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If this was insurance, where you accept a negative EV transaction to eliminate a catastrophic outcome, the you could make that argument. If your retirement fun
by singron 4y ago
If this was insurance, where you accept a negative EV transaction to eliminate a catastrophic outcome, the you could make that argument.
If your retirement fund was 20% smaller than you wanted, would you spend it all on lottery tickets so that there is a possibility it would be the right size?
- candiodari 4y agoIf the result is only coming in 10 years, and you're 5 years away from retirement, sure, why not? I mean, assuming it's not too obvious. https://en.wikipedia.org/wiki/Apr%C3%A8s_moi,_le_d%C3%A9luge https://en.wikipedia.org/wiki/Apr%C3%A8s_moi,_le_d%C3%A9luge But I don't think that's what's happening here.