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bgrah449 comments on Arbitrage of prediction markets - Less Wrong
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Comments (58)
The Wiktionary entry is clearly wrong in that it isn't a definition at all. The definition of "running" isn't "what you do at a marathon."
1,600 people a day doesn't change the meaning of a word.
Statistical arbitrage is named thus because over an infinite time period, it is arbitrage.
Yes it does. Bgrah449, meet human language.
I don't think so. I think "Statistical arbitrage" is marketing. As long as there is risk of ruin statistical arbitrage is still risky, even over infinite time. LTCM isn't going to show a profit ever.