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BGonline.org Forums
The opposite of a market loser
Posted By: Timothy Chow In Response To: The opposite of a market loser (David Rockwell)
Date: Tuesday, 9 February 2010, at 1:03 a.m.
Thanks to Bob and Maik for pointing out the existence of the term "lemon." Given that Kleinman and Zare have both used the term, it's the closest to being a "standard" term so far. However, I can't say I like it all that much, because it makes me think of a broken car rather than something that has gone sour. So if there's still an opportunity to change the term I would be in favor of doing so.
"Regrets" isn't bad, but I just took a quick look at that article by Zare, and he explicitly uses the term "lemons" for the concept I'm interested in, using "regret" in a slightly different sense (for example, you can regret doubling and you can regret not doubling). Because of this, I worry that using "regret" will cause confusion.
If I had to rank the terms in decreasing order of preference, I would say:
1. Market freezer
2. Reversal
3. Lemon
4. Market anti-loser or anti-market loser
5. Regret
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