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MTGandP comments on Markets are Anti-Inductive - Less Wrong

30 Post author: Eliezer_Yudkowsky 26 February 2009 12:55AM

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Comment author: MTGandP 04 September 2017 08:36:18PM 0 points [-]

At some point, all traders with this belief will have already bought the stock and the price will stop going up at that point, thus making the price movement anti-inductive.