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RomeoStevens comments on How much to spend on a high-variance option? - Less Wrong Discussion

9 Post author: RolfAndreassen 03 January 2013 06:38PM

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Comment author: RomeoStevens 03 January 2013 06:54:04PM 2 points [-]

An amount that does not affect your ability to take such deals in the future?

Comment author: Oscar_Cunningham 05 January 2013 01:54:51PM 0 points [-]

What's your justification for this? Also, doesn't any amount affect your ability to some extent?

Comment author: RomeoStevens 05 January 2013 10:33:08PM 1 point [-]

It was my intuitive response, which I always hope someone will dismantle. If lottery is entertainment then using it as a substitute good for other entertainment that month from your entertainment budget shouldn't affect your future ability.