Losing doesn't cost anything because you aren't playing with real money. You get... | Hacker News

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		Aunche on March 3, 2021 \| parent \| context \| favorite \| on: A Man Who Abandoned Value Losing doesn't cost anything because you aren't playing with real money. You get the same payout from -100% returns as you would with 20% returns.

praptak on March 3, 2021 [–]

The argument even applies to competitions where you play with your own real money. Any non-zero prize moves the slider a bit towards the riskier strategies.

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