ThisSpaceAvailable comments on [LINK] Bets do not (necessarily) reveal beliefs - Less Wrong

12 Post author: Cyan 27 May 2013 08:13PM

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Comment author: ThisSpaceAvailable 28 May 2013 11:37:43PM 0 points [-]

A bet reveals that the bettor believes that the bet increases their utility. So it reveals the beliefs of the bettor about the bettor's utility. The relationship between the utility of a bet and the outcome probabilities is more complicated, though.

Comment author: ArthurTheWort 08 November 2013 11:43:52PM 0 points [-]

There seems to be positive correlation between financial investment product purchases and future purchases. Low volume entities fluctuate at a higher rate with less correlation due to a larger percentage of the product being subjected to "insider" or "arranged" trading. Nothing illegal suggested here of course, just day to day trading in the real world. High volume trading instruments, however, can clearly exhibit trending and the trend "lives" are long enough and obvious enough to ride and take profit from indicating that sometimes a bet may reveal intentions.