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Lumifer comments on Financial Effectiveness Repository - Less Wrong Discussion

5 Post author: Gunnar_Zarncke 18 November 2014 09:57AM

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Comment author: Lumifer 18 November 2014 09:44:54PM 1 point [-]

This is just saying that threads like these are dangerous.

Not quite, you explicitly called for a moderator to "overview this" implying that hoi polloi readers are not competent enough to decide for themselves.

And, of course, life is dangerous. The internet, in particular, is very very dangerous. It gives people ideas. Dangerous ideas...

"It's a dangerous business, Frodo, going out your door. You step onto the road, and if you don't keep your feet, there's no knowing where you might be swept off to."

Comment author: SanguineEmpiricist 18 November 2014 09:50:40PM *  0 points [-]

I meant a moderator in the context of moderated discussion, approved etc. Financial markets have a large skill requirement and a easy way to destroy yourself.

Alright what about a bet of 500-1.5k comparing risks that I have personally taken that inform my decisions say versus yours signed via openpgp key and how that informs our views. Done via escrow. I've seen people lose in a variety of contexts. People who have not taken risks make lame jokes like yours. People are providing stupid investment advice saying things that "sound good". Otherwise the blog Bayesian Investor should be sufficient.

More advanced mistakes.

Comment author: Lumifer 18 November 2014 09:54:24PM 0 points [-]

So who bets what and how will the bet be decided?