I think emotional nihilism is more like a utility function that’s locally constant at zero. You have emotional investments, but they’re options that are too far out of the money. (Worse is when your short puts and calls are at the money and your longs are out of it.)
I think emotional nihilism is more like a utility function that’s locally constant at zero. You have emotional investments, but they’re options that are too far out of the money. (Worse is when your short puts and calls are at the money and your longs are out of it.)