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0 sats \ 1 reply \ @denlillaapan OP 19h \ parent \ on: Insider Trading on Kalshi and Polymarket (Bloomberg, Matt Levine) econ
hm... I see.
But then... why does anybody trade anything? On stock markets, but even more so betting sites? Are we all just all in a perpetual Lake Wobegon?
Traditional answer is that the stock market is not zero sum. I think that's a satisfactory enough answer, but yeah the same information dynamics may be present in stock trading as well, which could explain the popularity of index funds
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