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If you predicted next week's lottery numbers, I'd be very suspicious if you didn't buy a ticket
by ThrowawayTestr 1y ago
If you predicted next week's lottery numbers, I'd be very suspicious if you didn't buy a ticket
- lelanthran 1y ago> If you predicted next week's lottery numbers, I'd be very suspicious if you didn't buy a ticket But that is not what is happening here, is it? If you were able to predict a lotto number that has a high probability of appearing within the next 24 months, but each ticket cost $2000 to buy, would you still be suspicious? I find that the people of the opinion "If you think this is a bubble, why aren't you shorting it" don't really have much of a grounding in statistics, especially with regard to EV. I also find it odd that so many people saying "Why don't you short it" have never heard "The market can remain irrational longer than you can remain solvent."