gwern comments on Open thread, July 16-22, 2013 - Less Wrong Discussion
You are viewing a comment permalink. View the original post to see all comments and the full post content.
You are viewing a comment permalink. View the original post to see all comments and the full post content.
Comments (297)
Perhaps it encourages one to make long-shot bets? If you aren't penalized too badly for P=0 events happening, this suggests that short-selling contracts at ~1% may be better than it looks.