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Lumifer comments on A hypothetical question for investors - Less Wrong Discussion

3 Post author: bokov 03 December 2014 04:39PM

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Comment author: Lumifer 03 December 2014 10:25:25PM 0 points [-]

Notice that if you have a fixed time horizon the situation changes and you can optimize for how large a probability of ruin should you be prepared to ignore.

Comment author: gjm 03 December 2014 11:52:15PM 2 points [-]

That's why I said, in my original comment, "ignoring horizon effects when you know the game will be ending soon" :-).