Re: When To Give Up?
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No, but someone who knows they are -EV and buys them over and over again does. Maybe not a huge problem (yet), but certainly a problem.
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As with everything, it depends upon exactly what you are talking about. For the average person who buys a couple every week, I think it's nonsense to suggest that that's problematic. If it were true that Warren Buffett plays Powerball regularly, then what? So you have to be more specific.
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