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by TeaBrain 585 days ago
>I'll bite, I guess:

> In deferrence to Boglehead philosophy, hedging bets is a fool's errand

The flagged comment didn't say that hedging was idiotic, but implied that the specific hedge mentioned was idiotic, yet didn't give any reason for calling it such.

>$1 bill will always be a $1 bill with absolute certainty

This is money illusion.