3 ms·
>I'll bite, I guess: > In deferrence to Boglehead philosophy, hedging bets is a fool's errand The flagged comment didn't say that hedging was idiotic, but imp
by TeaBrain 2y ago
>I'll bite, I guess:
> In deferrence to Boglehead philosophy, hedging bets is a fool's errand
The flagged comment didn't say that hedging was idiotic, but implied that the specific hedge mentioned was idiotic, yet didn't give any reason for calling it such.
>$1 bill will always be a $1 bill with absolute certainty
This is money illusion.