Alice might correctly bet that Bob is wrong by 2x on his belief about how many angels a Chuck believes Bob thinks fit on a pinhead. Correct but meaningless to non-angel-believers. Especially if *nobody* actually believes in angels. Only in other people’s beliefs about angels.
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Note though that vacuity of the underlying beliefs is what *creates* huge upside potential. A great stock bet might appreciate 10-100x. A great derivative bet can net you >1000x. A division by zero effect. That’s why nihilism makes for good traders. It rewards low meaning more.
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You get high returns in 1 of 2 ways: betting on less meaningful stuff, adding more leverage to bets on more meaningful stuff (trading on margin). Two vectors away from reality. This is why I like crypto btw. It’s completely open about operating with a very low reality preference.
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End of conversation
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But, butt... TP is to prevent SHTF!
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