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by midasuni 1868 days ago
Any rational person sees the market is irrational.

Putting $10 on dodge back in January, or on spiffcoin today, is no different to putting $10 on a horse at the 3.15, except the excitement probably lasts longer.

The bookie wins on aggregate, but you are buying the hope and excitement and that has value.

1 comments

Fair enough. My suspicions could be bunk and this GS employee really just made a leap of faith Hail Mary pass and won this way.