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ike comments on Open thread, Dec. 22 - Dec. 28, 2014 - Less Wrong Discussion

5 Post author: Gondolinian 22 December 2014 02:34AM

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Comment author: ike 25 December 2014 04:32:11PM 0 points [-]

I'm not using this as a decision maker end-all, I'm using it to define the reference class to get a prior. All those questions are calculated afterwards. I'm trying to define the "too-good" category, not define something that would discriminate between scams and non-scams.

Comment author: ChristianKl 25 December 2014 04:38:57PM *  0 points [-]

I think it's a poor reference class.

The core question isn't whether something is too good to be true, but whether it's reasonable that an opportunity like that exists without information being hidden from you.