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teawrecks , (edited )

I’m arguing that it’s almost tautologically true that if those events could happen, then my position holds water. I’m only arguing that it’s within the bounds of the possible.

But I think we’re still talking past each other. Imagine a contrived situation where people are picking apples, and each have their own basket they’re collecting them in, and their own strategy for collecting them. I’m saying that person A’s strategy will never result in them having the most apples, and to me it sounds like you’re saying “well if they happen upon a secret trove of apples, then they would have the most apples”. Which, yeah, you’re right, but that’s not my point.

Or like how the optimal strategy to the Secretary Problem is to search ~37% of applicants without accepting, and then take the first one that is better than all of them. No, you’re not guaranteed to accept the best applicant, but it’s still provably the best strategy for any random set of applicants.

Seems pretty easy to maintain your wealth that way. Am I missing something there?

You would not remain the richest person in the world with that strategy, any other strategy that gains more than 2%/yr would overtake you.

Edit: I probably am moving goal posts here at this point, but you are helping me refine what it is I’m actually trying to say. I agree that ethical behavior could theoretically result in the most profits, but I’m also convinced that it is not even close to the winning strategy in our current society.

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