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Betting on Chaos

Risk of Ruin

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Betting on Elections: Insights and Missteps

This chapter analyzes the challenges of updating beliefs based on election outcomes, drawing from experiences in past elections, particularly the 2016 and 2020 races. It explores the difficulties of predicting political events and the errors caused by biases, while reflecting on personal betting strategies regarding high-profile figures like Trump and Harris amidst a chaotic electoral landscape.

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