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Sure and that's why they are easy to beat. How many industries would not even exist if human were rational? And again, the most rational ones have less loss ave
by gbog 13y ago
Sure and that's why they are easy to beat. How many industries would not even exist if human were rational? And again, the most rational ones have less loss aversion, take more pondered risks, invest in what has real value (education) and usually win the game in the end.