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> Sure, the specific bet could be lost and won in different windows. But the actual underlying point remains: You are free to argue that but that is not why th
by wnevets 4y ago
> Sure, the specific bet could be lost and won in different windows. But the actual underlying point remains:
You are free to argue that but that is not why this bet turned out the way it did according to the quotes from the linked wiki. It sounds way more like a coin toss than any rule of the market
- pfdietz 4y agoYour point would be stronger if the bet hadn't allowed Ehrlich to pick the commodities in question.
- culi 4y agoThe selection is a pretty generic selection of metals though. Pretty representative of metals overall
- pfdietz 4y agoNot the point. Ehlich was free to choose the metals, so the fact that this particular choice wasn't in his favor doesn't make him look good. These were presumably the best bet he thought he could make.