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Optisizer, you took a valid concept re portfolio diversification and erroneously came to the conclusion that these prop bets provide insurance. They don't.
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Fine. Your arguments are so compelling I can't possibly see how I can be right. You live in whatever romantic dream about hi-stakes gambling you want. I am not to argue with that. Good luck and end of discussion...
Actually I could come up with an argument. Here goes:
Romantic hi-stakes gambling arguments...