Wednesday, 12 April 2017

Truth and Honesty

I'm in an odd spot right now, in that lots of things are passing me, which, I would normally comment on, but, its either too sensitive, or too informative, to be just passed on, to the general public.

That probably sounds pretentious .. spot on - live with it.

In a poker forum, I came across this quote/passage, which, I think applies to most things :

You will not make money in the market, unless you are smarter and more knowledgeable than the money weighted average of the market participants, in whatever niche you choose.

By commenting in a blog, my information - unless its bogus, has to increase the overall market knowledge, thereby making it harder to win. As I sell nothing, this is not my job, and its a -EV spot, to help people.

Social media is a full tapestry of people.

I was watching a cricket game in New Zealand, where the rain had been relentless, and it was fairly clear the last day of the test match would be rained out, resulting in a draw.

Being there Live, I know this post by Morty, was a blatent falsehood .. but, its interesting, the tweet, caused the draw price to spike to +/- 1.50, which was just theft.

This was reality :

And, 1.15 the draw, was if anything, a good price.

I dont think people should be allowed to get away with this. Morty has a history,  of doing this shit, and, its wrong. Weather u can sue, for posting known lies, is a bit debateable, but, I think people should be aware, what can happen.

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