That’s not to say I am long because of the attempted pump. I was long anyway and chose not to cut. If I was short I would have covered it on Friday morning (when I first saw that momentum was gathering behind the pump).
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Example of asymmetric risk — 1. I don’t think that a retail pump of silver will succeed 2. I am long silver.
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I’m 99% systematic - the 1% discretionary part is situations like this, thinking about risks that aren’t modelled well and deciding whether to intervene or not (usually not).
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End of conversation
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