Mmmm, I’m reasonably close to Nate’s social circles and I would’ve guessed he meant more the former than the latter (though nonzero the latter as well).
Good point. To be more clear, I should say maybe he means the former, but I’d like to say that I agree with this post more in the latter sense. The latter being perhaps not more probable but having larger magnitude, thus a scarier negative EV.
Mmmm, I’m reasonably close to Nate’s social circles and I would’ve guessed he meant more the former than the latter (though nonzero the latter as well).
Good point. To be more clear, I should say maybe he means the former, but I’d like to say that I agree with this post more in the latter sense. The latter being perhaps not more probable but having larger magnitude, thus a scarier negative EV.