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Or they are hedging their exposure to an unknown by betting in favor of an event that would be harmful/costly to them.
by mothballed 10mo ago
Or they are hedging their exposure to an unknown by betting in favor of an event that would be harmful/costly to them.
- tptacek 10mo agoThose people want prices to accurately track risk, which is what insiders allow.
- mothballed 10mo agoRight but they themselves are non-insiders who are rationally betting.