CronoDAS comments on What is your rationality blind spot? - Less Wrong
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Comments (78)
I used to think it was so stacked against me that I could reverse the meteoric rise of oil's price ('08) by going long on it. (i.e. buying assets that would increase in value as the price of oil increased)
FWIW, if I had gone through with it, I could have (in the minds of many) claimed responsibility for its collapse a few months later.
Now my blindspot probably matches Gabriel's.
Trying to exploit "bad luck" by betting against yourself never works.
Generalising from one fictional example. (But a funny one.)
If you follow the link, you'll see that it's lots of fictional examples. ;)