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Algorithms for Life (guest: Jim Leitner)

The Market Huddle

CHAPTER

Skin in the Game

skin in the game is a weekly opportunity for us to demonstrate that we are degenerate gamblers at heart. Every week, one of us presents a wager, and the other guy chooses which side of the bet he wants. The winner of the bet is obligated to create a new bet for the following week,. All wagers settle in full, and there will be no, i repeat, no, knetting positions.

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