He excels himself in that piece. But a question: if "shorting" and such is really taking one side of a bet, then if it's a sure thing, why does anyone take the other side of the bet?
I'm not sophisto, DM, but I gather that some of the players do combinations of "long" and "short" on the same stuff - like both putting and laying ante-post on the horses in a number of bets spread over days and weeks. "Two views make a market" - there will almost always be someone else betting that it can't be as bad as you think, or that it's worse.
Unfortunately, because of a plague of spam comments, you need to be a "registered user", otherwise your observations will be buried in a torrent of multilingual nonsense. Please do comment!
Say what you please, so long as it's phrased politely and is not libellous or legally proscribed. Fact, reason and wit are keenly welcomed.
He excels himself in that piece. But a question: if "shorting" and such is really taking one side of a bet, then if it's a sure thing, why does anyone take the other side of the bet?
ReplyDeleteI'm not sophisto, DM, but I gather that some of the players do combinations of "long" and "short" on the same stuff - like both putting and laying ante-post on the horses in a number of bets spread over days and weeks. "Two views make a market" - there will almost always be someone else betting that it can't be as bad as you think, or that it's worse.
ReplyDelete