alt Hacker NewsThe stock market is barely distinguishable from a casino at this point (and arguably never has been far from gambling), I have 0 confidence that the horrible business that Anthropic is will be reflected accurately in any way
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jimbokun • today at 1:08 PM
Stock market is a casino with positive expected value.
I feel like the saying "Markets can remain irrational longer than you can remain solvent" has applied my entire life; I have yet to see the stock market behave rationally in my lifetime.