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Lumifer comments on Stupid Questions, December 2015 - Less Wrong Discussion

5 Post author: polymathwannabe 01 December 2015 10:40PM

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Comment author: Lumifer 06 December 2015 04:05:20AM 2 points [-]

Hm, I think you're right. The high(er) risk for shorts is a function of volatility (or, more generally, distribution shape) and not of the price level.

The price level has its consequences but these tend to be beneficial for shorts.