Posted: May 12, 2019 10:56 am
by Cito di Pense
tuco wrote:Yes and no. It's not necessarily a zero-sum game.

Well, then should you not instead have linked to an article about games that are not zero-sum?

I know of at least one game wherein, if one does not get too filosopeevish, one particular quantity is always increasing globally.

tuco wrote:Yes, I hold the same opinion on stock trading and, well, any trading based on buying low and selling high: nothing is being created but money.

The prices are not entirely arbitrary, and in the long term regress to something very like the value of the underlying.