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A comment on One red paperclip. Parent comment

Re:One red paperclip by eMGm4D0zgUAVXc7 on Sunday December 27, 2020 @02:48AM (#25549565)
Isn't this actually mathematically the same as arbitrage? :D
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Re:One red paperclip by andrewflnr on Sunday December 27, 2020 @03:12AM (#25549639)
It's literally, identically arbitrage.
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Re:One red paperclip by BorisTheBrave on Sunday December 27, 2020 @04:09AM (#25549845)
No, arbitrage is a combination of trades that essentially risk free as they offset each other.

This is just regular trading. Every time he swaps a card, he takes the risk that he won't be able to offload the new card.

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Re:One red paperclip by selestify on Sunday December 27, 2020 @04:26AM (#25549900)
Doesn't arbitrage come with slight risk too? The spreads are always fluctuating, and if you don't time it right (in say high-frequency trading) you might not be able to offload whatever you just bought at a good price either.
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Re:One red paperclip by BorisTheBrave on Sunday December 27, 2020 @08:58AM (#25551058)
Strictly speaking, yes, there are risks associated.

But there's still a wide difference between those risks, and speculating on the (not-immediate) future.

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