gjm comments on Rationality Quotes Thread March 2015 - Less Wrong

8 Post author: Vaniver 02 March 2015 11:38PM

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Comment author: Good_Burning_Plastic 09 March 2015 12:41:02PM 0 points [-]

He disdains your statements that buying lottery tickets is a substantial loss on average

Substantial? The tickets of all lotteries I'm familiar with cost less than a movie ticket.

Comment author: gjm 09 March 2015 01:47:42PM 0 points [-]

Substantial as a fraction of what you spend on lottery tickets. Obviously if you don't spend much you can't lose much.