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by selimthegrim 10 days ago
Look if you have the inside take on a systematic inaccuracy in weather stations time to follow the underpants gnomes and profit. I am sure you can make a killing in crop insurance futures.
1 comments
mike_hearn 10 days ago
Crop insurers don't pay out based on what governments say the temperature was, they pay out based on verified crop damage. So, unless you can see a smart trading strategy that takes that into account (I'm all ears!) then I'm not sure how to profit based on these problems.
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selimthegrim 10 days ago
You should tell that to the people in America caught trying to defraud them by sabotaging weather stations, no?
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mike_hearn 9 days ago
I wasn't sure what this was a reference to. Grok says it's about a case in Kansas in 2016, but:

- They tried to sabotage rain sensors

- The insurer was the federal government

- They were quickly caught

So ... there doesn't seem to be any commercial angle here. Is that what you meant?

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