3 ms·
He's talking about expected value in the probability sense. EV = payout * probability So for cash: EV = 150k (or whatever your salary is) * 100% (it's guaran
by harryh 10y ago
He's talking about expected value in the probability sense.
EV = payout * probability
So for cash:
EV = 150k (or whatever your salary is) * 100% (it's guaranteed)
For equity it might be:
EV = 1M * 10% = 100k