Nick_Tarleton comments on Markets are Anti-Inductive - Less Wrong

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

You are viewing a comment permalink. View the original post to see all comments and the full post content.

Comments (56)

Sort By: Old

You are viewing a single comment's thread.

Comment author: Nick_Tarleton 26 February 2009 05:26:47AM 1 point [-]

but still, the market does not leave hundred-dollar-bills on the table if everyone believes in them.

People fail to act on stated beliefs all the time. Why wouldn't this sometimes happen in the market?

Doug: Sony loses money on every PS3, so it would be bad news if people bought them for FF and bought few other games; I don't know how plausible that is.