News for hackers. Stuff that matters.
Re:The optimal amount of fraud is non-zero by permo-w on Saturday September 03, 2022 @11:33AM (#32702825)
this explains things significantly better than the article, which seems to be little more than dragging out a surprising-sounding headline with a pretty obvious concept
Re:The optimal amount of fraud is non-zero by patio11 on Saturday September 03, 2022 @11:39AM (#32702900)
The reason I went to the trouble of writing it was that many, many people in both business and the finance industry do not agree it is obvious and a good portion do not agree it is true, and they take actions consistent with those beliefs, which harm themselves and others.
Re:The optimal amount of fraud is non-zero by jbuhbjlnjbn on Saturday September 03, 2022 @11:48AM (#32702993)
To be more specific, the article mimics the topic of a counter-intuitive "surprising" truth (like, for example the goat problem; or flaws in human cognition), while letting the reader down by making an obvious, easy to understand truth unnecessarily complicated.

"Clickbait light"

[dead]
Re:The optimal amount of fraud is non-zero by barry-cotter on Monday September 05, 2022 @09:00PM (#32731363)
That you think something is obvious is a fact about you, not about the world. People are not downvoting you because your English has any problems. They are downvoting you because they you’re wrong and arrogant.
Re:The optimal amount of fraud is non-zero by jbuhbjlnjbn on Tuesday September 06, 2022 @05:28PM (#32743441)
That's your understanding of a discussion. Good one. Go pester someone else.