Quote from: chkgk on July 13, 2013, 04:48:14 PM

Let's first collect some observations from (behavioral) economics:

people make mistakes
people do not act fully rational
people decide under uncertainty as there is no such thing as complete information
aquiring information is costly
people tend to be risk averse (in general)

Having read these, thought about them, googled anything that was unclear, please tell me: what constitutes "insane" behavior?

To your question:
There might be any number of reasons for buying TAT.VM over DMS.*.
The one most convincing for me would be, that the DMS.* securities are difficult to understand relative to TAT.VM.
If really understanding DMS.* takes a lot of time and an individual values time highly, it might just be cheaper for him to go with the seemingly more expensive TAT.VM asset than learning more about DMS.*

In that case, one might face a relationship like this (assuming benefits of both assets are identical):
cost(tat.vm) < cost(dms.*) + cost(information)

It would then be perfectly understandable to buy Tat.vm instead of dms.*

huh? how hard is it to multiple TAT x 5? The only thing that takes some time (albeit not that much) to understand is DMS selling. DMS Mining is almost exactly like every other PMB.