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a_yawning_cat's profile
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@a_yawning_cat

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@a_yawning_cat

stray thoughts, loosely held. rat jaeger.

California, USA
aycat.substack.com
Joined December 2018

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    1.  🐈‏ @a_yawning_cat Jan 13

       🐈 Retweeted  🐈

      this is incidentally why infinite games can be "superior". without an end condition there is no fear of defeat so no stupid hail mary actions! (similar for investing as well)https://twitter.com/a_yawning_cat/status/1349448595586445312 …

       🐈 added,

       🐈 @a_yawning_cat
      Replying to @andrewedstrom @tylercowen
      can actually a valid rational response at times! e.g. high volatility but low expected return is the right play to make if you're really behind and need a hail mary.
      1 reply 0 retweets 1 like
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    2.  🐈‏ @a_yawning_cat Jan 13

       🐈 Retweeted  🐈

      time horizons:https://twitter.com/a_yawning_cat/status/1347234287846768640 …

       🐈 added,

       🐈 @a_yawning_cat
      main reason younglings r bad at investing is b/c "everything is about sex except sex". the time horizons for groups of friends is usually on the order of a few years. E.g. 4-ish for college, highschool, jobs, etc... the time horizons are too small.
      Show this thread
      1 reply 0 retweets 0 likes
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       🐈‏ @a_yawning_cat Jan 13

      e.g. market crisis causes EVERYTHING to go down 50%, w/ finite game you'll go "oh no i'll look stupid, better sell or gamble all on black." but if u we-wei the fuk out of the situation u go "this sort of stuff just happens." you down down with the water & then back up with it.

      1:04 PM - 13 Jan 2021
      0 replies 0 retweets 0 likes

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