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um...not buying it is rational. if buying insurance was positive sum then how would insurance companies make money?
by nazgulnarsil 18y ago
um...not buying it is rational. if buying insurance was positive sum then how would insurance companies make money?
- ovi256 18y agoBecause it is positive sum - which means that it creates value. Fiduciary, insurance companies gain more than you, but you gain non-fiduciary value (tranquility etc).
- nazgulnarsil 18y agomy comment was towards the use of the word "irrational" in the parent comment.