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No. It's an uncertain Bayesian world. You evaluate on the probabilities. Given a 20% chance that tweet is true, then what is the S&P worth now? Less. So you
by gd1 13y ago
No. It's an uncertain Bayesian world. You evaluate on the probabilities. Given a 20% chance that tweet is true, then what is the S&P worth now? Less. So you act. You don't sit around waiting to find out...